Lufthansa to Take 90% Stake in ITA Airways for €325M
Lufthansa will increase its stake in ITA Airways to 90% for €325 million, accelerating European airline consolidation pending Q1 2027 approval.
May 12, 20266 min
Business
2 aviation articles tagged “TAP Air Portugal”
Lufthansa will increase its stake in ITA Airways to 90% for €325 million, accelerating European airline consolidation pending Q1 2027 approval.
Lufthansa and Air France-KLM submitted bids for a minority stake in TAP Air Portugal, while IAG withdrew, intensifying European airline consolidation.
