Ita, end of the film: the government signs the agreement with Lufthansa

Ita-Lufthansa, it’s done: agreement for the sale of a minority stake in the Italian company to the German group

reached theagreement between the MEF and Lufthansa, which will take over a minority stake in Ita Airwayshaving already shared a industrial plan of the company that provides a revenue growth of 2.5 billion of Euro expected for this year and 4.1 billion euros expected in 2027. The German company therefore will buy 41% of Ita for 325 million euros with the option to acquire all remaining shares at a later date.

The agreement comes after a meeting at the MEF between the Minister of Economy and Finance Giancarlo Giorgetti and the CEO of Deutsche Lufthansa Carsten Sphor. Also present at the meeting was the president of Ita, Antonino Turicchi. After signing, the agreement…