PERSPECTA

News from every angle

← Back to headlines

Lufthansa Moves to Acquire 90% Stake in ITA Airways

Lufthansa announced its intention to increase its ownership stake in the Italian airline ITA Airways to 90%. This move signifies Lufthansa's plan to acquire a majority share in the former state-owned carrier.

12 May, 09:20 — 12 May, 09:20
PostShare

Sources

Showing 1 of 6 sources
ANSAMostly Factual11h ago

Lufthansa says it'll exercise option to take ITA stake up to 90%

(ANSA) - ROME, MAY 12 - Lufthansa said Tuesday that it will exercise its option to buy an additional 49% of ITA Airways from the Italian government in June for 325 million euros, taking its stake up to 90%. ITA is the slimmed-down successor to Alitalia, and was set up in 2020 after the long loss-making former flag-carrier went bankrupt. Germany's Lufthansa, which acquired a 41% stake of ITA last year, said the transaction is subject to regulatory approvals and is expected to close in the firs...

By ANSA

Read full article →

Coverage Timeline

First report: ANSA · 12 May, 09:20Full coverage: 6 · 9hWindow: 9h
Left-leaningCenterRight-leaning
ANSA12 May, 09:20First to report

Lufthansa says it'll exercise option to take ITA stake up to 90%

3h later
lsm-lv12 May, 11:55

«Lufthansa» sev piederošo «ITA Airways» akciju daļu palielinās līdz 90%

tagesschau12 May, 12:18

Marktbericht: Lufthansa-Hauptversammlung in turbulenten Zeiten

dnevnik-bg12 May, 12:32

"Луфтханза" ще придобие 90% от италианската ITA

3h later
index-hr12 May, 15:11

Lufthansa želi većinski udio u nekadašnjoj talijanskoj državnoj aviokompaniji

3h later
faz12 May, 18:26Latest update

Turbulente Hauptversammlung: Die dritte Epoche der Lufthansa

Related Stories

Amazon's First Customer Receipt Goes Viral, Bezos and Musk React

just now

Caraga cops eye big syndicates in P3-B illegal cigarette shipment

just now

Iran's Economy Suffers 2 Million Job Losses Amid War and Internet Blackout

just now

SAHA Expo 2026 Highlights Türkiye's Defense Capabilities

6m ago