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EU Approves Lufthansa's Stake in ITA Airways with Strict Conditions

Lufthansa's investment in Italy's ITA Airways receives conditional approval to ensure competitive fairness.

  • Lufthansa will invest €325 million for a 41% stake in ITA Airways, with options to increase its share.
  • The deal includes concessions to rival airlines, such as route access and slot transfers at Milan's Linate airport.
  • EU regulators required measures to prevent reduced competition and higher fares for consumers.
  • The approval followed a year-long investigation and significant pressure from Italian officials.
  • The deal aims to stabilize ITA Airways, the successor to the financially troubled Alitalia.
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