After years of talks, the Lufthansa Group is expected to complete the acquisition of ITA Airways next week. The acquisition will see the Italian carrier join many other European airlines in the group,

Lufthansa Group 's long-awaited acquisition of a minority stake in Italy's state-owned ITA Airways (AZ, Rome Fiumicino) will close on January 13, reports the German news agency dpa citing information shared by chairman and CEO Carsten Spohr during a staff meeting in December.

German aviation giant Lufthansa Group is set to take a stake in Italian state-owned airline ITA on January 13 following years of negotiations over a deal, dpa has learnt. Lufthansa chief executive Carsten Spohr confirmed the date during an employee event,

On December 20, ITA Airways held its extraordinary shareholders’ meeting, in which it approved a €325 million ($338 million) capital increase that will be exclusively offered to Lufthansa Group. The German airline group has until January 15, 2025, to subscribe to the increase in order to acquire a 41% stake in ITA Airways.

Lufthansa is set to acquire a stake in Italian state-owned airline ITA Airways on January 13, a source familiar with the situation told Reuters today, bringing to a close years of talks.

Lufthansa is set to a acquire a stake in the Italian state-owned airline ITA on Jan. 13, bringing to a close years of talks, Germany's DPA news agency reported on Wednesday. Lufthansa CEO Carsten Spohr announced the date at an employee event,