ROMA (ITALPRESS) – ITA Airways welcomes Deutsche Lufthansa AG’s decision to acquire an additional 49% of the Company’s capital, worth 325 million euros, thus holding 90% of ITA Airways. The Ministry of Economy and Finance will keep the remaining 10% of the capital. The completion of the operation is expected in the first quarter of 2027, following the approval of the competent authorities, including the European Commission and the U.S. Department of Justice. This further step represents a significant step in the development of ITA Airways and confirms the value of the industrial project built in recent years. The Company is preparing to enter a new phase of its growth within the Lufthansa Group, improving its position in the European and international air transport market. ITA Airways will continue to operate with its brand, which will be maintained and valued within the Group structure. Today the ITA Airways brand represents a young, distinctive and recognizable identity, strongly linked to Italy and to the values of quality, innovation, reliability and attention to the customer that characterize the Company. The ever-increasing integration in the Lufthansa Group will enable ITA Airways to develop further industrial and commercial synergies with Group carriers while preserving its Italian identity. For the Company it is an opportunity to consolidate its role as a reference carrier for Italy, contributing to the growth of the connectivity of the country and to the valorization of Made in Italy in the world.
Italy is a strategic market in the European and international scene: it is the third economy of the European Union and is the largest reference market for the Lufthansa Group outside the United States and domestic markets. In this context, ITA Airways confirms its central role in connecting the country with the rest of the world, supporting tourism, businesses, trade and international mobility. It will also continue the integration path of ITA Airways as the fifth network airline of the Lufthansa Group, successfully launched and already characterized by the achievement of important goals for the benefit of customers. The initiatives implemented so far have allowed to progressively improve the travel experience, strengthening the opportunities for connection, integration of services and the quality of the offer. Looking to the future, ITA Airways will continue to work with the goal of offering its customers an increasingly integrated, efficient and competitive experience, leveraging the opportunities arising from membership in a large international group and maintaining its Italian vocation, quality of service and valorisation of its people. The operation confirms the solidity of the path undertaken by ITA Airways and opens a new phase of development for the Company, founded on sustainable growth, strengthening the network, centrality of the customer and full valorization of its role in the country system.
“This new phase represents for ITA Airways a passage of great industrial and strategic importance. In these years we have built a solid, recognizable and quality oriented company, thanks to the contribution of our people and the trust of our customers, and the decision of Deutsche Lufthansa is the demonstration of the good work done so far – said Joerg Eberhart, CEO and General Manager of ITA Airways – Let us look to the future with ambition and responsibility: the complete integration in the Lufthansa Group will allow us to compete with greater strength on international markets.
– ITA Airways press office photos –
(ITALPRESS).
