Lufthansa likely to buy up to 40% of ITA Airways

Lufthansa, the German aviation group, is interested in the Italian market and, according to a report, has presented a concept for integrating Italia Trasporto Aereo (ITA) Airways. ITA’s board has also expressed interest in partnering with Lufthansa; a deal could be reached as early as this summer. According to the details, Lufthansa has presented a concept for the integration of ITA Airways. In addition to commercial cooperation in the area of ​​flight schedules and sales, the content also includes the exploitation of synergies such as purchasing or maintenance as well as the expansion of Rome-Fiumicino into a group hub. Lufthansa is enjoying the new Italian airline’s strategy, the report says. The switch to new aircraft, the clean-up of contaminated sites and the focus on quality, which was initiated with the order and leasing of Airbus A220, A320 Neo, A330 Neo and A350, are well received in Frankfurt. So good that Lufthansa has proposed a 15 to 40 percent stake in ITA Airways. CAA Delaying Licensing Process, Risking Future of Pilots Resumption of PIA flights, Ambassadors given important tasks The participation would also have another purpose: it would be a way to keep competitors away. “After the USA, Italy is our … Continue reading Lufthansa likely to buy up to 40% of ITA Airways