ITA Airways

Lufthansa now has operational control of ITA, even if Italy - which previously had a 100 per cent stake - retains the right of review over strategic decisions.

Italy and Lufthansa seal ITA Airways deal

ITALY and Lufthansa finalised their agreement on Wednesday for the German airline to acquire a minority stake in ITA Airways, the state-owned carrier born from the ashes of Alitalia.

Lufthansa will take two years to assess the financial health of ITA airways, before a possible full takeover.

International

Lufthansa CEO optimistic about financial health of ITA Airways

The German carrier could take a 90 per cent in the Italian airline as early as next year, says chief executive

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