ITA Airways ready to enter a new phase in its journey within the Lufthansa Group

ITA Airways welcomes Deutsche Lufthansa AG’s decision to acquire an additional 49% stake in the Company, for a value of €325 million, thereby increasing its shareholding to 90% of ITA Airways. The Italian Ministry of Economy and Finance will retain the remaining 10% of the share capital.

Ownership Shift:
Lufthansa will acquire an additional 49% stake in ITA Airways for €325 million, raising its shareholding to 90%.

Remaining Stake:
The Italian Ministry of Economy and Finance will retain 10% ownership.

Timeline:
The transaction is expected to close in Q1 2027, pending approvals from the European Commission and the U.S. Department of Justice.

Brand Identity:
ITA Airways will continue operating under its own brand, emphasizing its Italian identity and role as the country’s reference carrier.

Strategic Importance:
Italy is Lufthansa Group’s largest catchment area outside the U.S. and its home markets, making ITA central to the Group’s European strategy.

Synergies:
Integration will allow ITA to benefit from industrial and commercial synergies with Lufthansa’s airlines, while maintaining its distinct Italian positioning.

Future Path:
ITA will become the fifth network airline within Lufthansa Group, focusing on sustainable growth, expanded connectivity, and customer-centric service.

Leadership Statement:
CEO Joerg Eberhart described this as a “step of major industrial and strategic significance,” highlighting ITA’s ambition to compete more strongly in international markets while promoting Made in Italy worldwide.

This move effectively secures ITA’s long-term stability and positions it as a stronger player in Europe, especially on transatlantic routes.