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Lufthansa to Exercise Option to Buy Majority Stake in ITA in June
The German airline will buy a second share block for 325 million euros, and the deal still needs European Union and U.S. approval.
- On Tuesday, Lufthansa Group announced it will exercise an option to lift its stake in ITA Airways to 90%, expanding its control of the Rome-based carrier.
- Lufthansa CEO Carsten Spohr said the group delivered "the fastest airline integration in our history" with ITA, driving the decision to exercise the purchase option this June.
- Acquiring the additional stake from the Italian government will fund the expansion, following the carrier's first annual net profit of 209 million euros reported in 2025.
- Regulatory approval for the merger remains pending for North Atlantic flights, Spohr noted, with completion expected in the first quarter of 2027.
- Strategically, the group plans to build Rome into a hub for routes to South America, a move ITA Airways chief Joerg Eberhart called a step of major industrial and strategic significance.
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32 Articles
32 Articles
The business of buying the whole of ITA Airways in nothing collides with the possibility of purchasing the Portuguese air carrier, the TAP – which thus remains in portfolio. Asked by journalists about a possible impact of the ITA business on the interest on the privatization of the TAP, Paulo Geisler, CEO of Lufthansa Group Services Portugal (LGSP), ensured that one thing has nothing to do with the other. Another thing would not be expected, sin…
·Portugal
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The German airline company wants to increase its share of the former Italian state airline to 90 percent in the summer. What this means for the integration of ITA and the further steps.
·Munich, Germany
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Coverage Details
Total News Sources32
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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