Aviation

Lufthansa buys 41% stake in Italian carrier ITA, ridding Rome of State-reliant asset

Lufthansa, the region’s biggest airline group, will invest €325 million via a capital increase for a 41 per cent stake, with the Italian government contributing an additional €250 million

“A stronger ITA will invigorate competition in the Italian market,” Lufthansa Chief Executive Officer Carsten Spohr said in the statement. Picture: Getty