Lufthansa Finalizes Stake Acquisition Deal in ITA Airways

Lufthansa, Germany’s flagship carrier, has reached an agreement with the Italian government to acquire a stake in ITA Airways following intense, last-minute negotiations. This deal marks a strategic move by Lufthansa to expand its footprint in the Italian market, gaining access to a wider customer base and strengthening its position within Europe. The acquisition is expected to bolster ITA Airways, Italy’s national airline, providing it with greater financial stability and access to Lufthansa’s extensive network and operational expertise.