Lufthansa Group will be able to increase its ownership in Italy’s state-owned ITA Airways (AZ, Rome Fiumicino) to 90% from early 2025, but it wants to keep the Italian government’s support for the first two years following the merger scheduled for the fourth quarter of 2024, Group CEO Carsten Spohr told the Italian newspaper Corriere della Sera.

“For us, the option for the 90% starts in early 2025, but I would like to ask the Italian government to stay on board for a little longer because I saw how important the support of the…

Source: ch aviation
Read more: Option for Lufthansa to up stake in ITA to 90% from 2025