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Lufthansa Secures Strategic Stake in ITA Airways: A New Era for Italy's Flag Carrier

Lufthansa Secures Strategic Stake in ITA Airways: A New Era for Italy's Flag Carrier
5 months ago

In a significant move that reshapes the landscape of European aviation, Deutsche Lufthansa AG has finalized an agreement to acquire a 41% stake in Italy’s national carrier, ITA Airways. This landmark deal, valued at approximately €1 billion, marks a pivotal moment for both Lufthansa and ITA Airways as they look to bolster their positions in a competitive market and capitalize on post-pandemic travel recovery.

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