Lufthansa buys minority stake in Italy's ITA Airways, hopes to eventually take control
- Lufthansa signed a deal with the Italian government to acquire a 41% stake in ITA Airways for €325 million.
- The deal allows Lufthansa to increase its share in ITA Airways over time and potentially take full control.
- ITA Airways aims to become a leading international carrier, and the deal will allow it to expand its fleet and workforce over the next four years.
- Rome's Fiumicino airport and Milan will become new hubs for the Lufthansa Group.
- The agreement is subject to approval from European competition authorities.