Overview
- Ita Airways closed 2024 with €3.1 billion in revenue, achieving its first-ever positive EBIT of €3 million, though net losses of €227 million were driven by adverse euro-dollar exchange rates.
- In Q1 2025, the airline generated over €600 million in revenue, transported 3.7 million passengers, and maintained an 81% load factor, showcasing operational growth.
- Lufthansa Group's 41% stake, acquired in January 2025, is expected to enable synergies that could help Ita Airways achieve net breakeven by year-end, according to CEO Joerg Eberhart.
- Operational reliability remains high, with 87.8% punctuality and 99.6% flight regularity in Q1 2025, placing the airline among Europe's top three performers.
- The company is focusing on long-haul network expansion, fleet modernization, and increasing its Fiumicino hub market share to 30% by 2030.