{"id":267060,"date":"2026-05-14T05:15:00","date_gmt":"2026-05-13T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=267060"},"modified":"2026-05-14T06:10:47","modified_gmt":"2026-05-13T23:10:47","slug":"lufthansa-group-full-throttle-on-ita-project","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2026\/05\/lufthansa-group-full-throttle-on-ita-project\/","title":{"rendered":"Lufthansa Group full throttle on ITA project"},"content":{"rendered":"\n<p>SINGAPORE, 14 May 2026: ITA Airways welcomes Deutsche Lufthansa AG\u2019s decision to acquire an additional 49% stake in the company, for a value of EUR325 million, thereby increasing its shareholding to 90% of ITA Airways.<\/p>\n\n\n\n<p>The Italian Ministry of Economy and Finance will retain the remaining 10% of the share capital.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1474\" height=\"824\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119.png\" alt=\"\" class=\"wp-image-267062 lazyload\" style=\"--smush-placeholder-width: 1474px; --smush-placeholder-aspect-ratio: 1474\/824;aspect-ratio:1.7888376751465627;width:527px;height:auto\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119.png 1474w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-300x168.png 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-600x335.png 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-768x429.png 768w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-696x389.png 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-1068x597.png 1068w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2026\/05\/image-119-751x420.png 751w\" data-sizes=\"(max-width: 1474px) 100vw, 1474px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><figcaption class=\"wp-element-caption\"><em>Photo credit: ITA Airways.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Completion of the transaction is expected in the first quarter of 2027, subject to approval by the relevant authorities, including the European Commission and the US Department of Justice.<\/p>\n\n\n\n<p>The company is now preparing to enter a new phase of growth within the Lufthansa Group, thereby improving its exposure to the European and international air transport markets.<\/p>\n\n\n\n<p>ITA Airways will continue to operate under its own brand, which will be maintained and enhanced within the group\u2019s structure. Closer integration into the Lufthansa Group will enable ITA Airways to develop further industrial and commercial synergies with the group\u2019s airlines, while preserving its Italian identity.&nbsp;<\/p>\n\n\n\n<p>For the company, this represents an opportunity to consolidate its role as Italy\u2019s reference carrier, contributing to the growth of the country\u2019s connectivity and to the promotion of Made in Italy around the world.<\/p>\n\n\n\n<p>Italy represents a strategic market in the European and international landscape: it is the third-largest economy in the European Union and the Lufthansa Group\u2019s largest catchment area outside the United States and its home markets. In this context, ITA Airways confirms its central role in connecting the country with the rest of the world, supporting tourism, businesses, trade flows and international mobility.<\/p>\n\n\n\n<p>ITA Airways\u2019 integration path as the Lufthansa Group\u2019s fifth network airline will also continue, building on the progress already made and the major customer milestones achieved.&nbsp;<\/p>\n\n\n\n<p>\u201cThis new phase represents a step of major industrial and strategic significance for ITA Airways. Over the past few years, we have built a solid, recognisable company focused on quality, thanks to the contribution of our people and the trust of our customers, and Deutsche Lufthansa\u2019s decision is a clear demonstration of the good work carried out so far,\u201d said ITA Airways Chief Executive Officer and General Manager Joerg Eberhart. \u201cWe look to the future with ambition and responsibility: full integration into the Lufthansa Group will allow us to compete more strongly in international markets, while continuing to bring to the world the value of Italy, its connectivity and its capacity for innovation.\u201d<\/p>\n\n\n\n<p><em>(Source: ITA Airways)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 14 May 2026: ITA Airways welcomes Deutsche Lufthansa AG\u2019s decision to acquire an additional 49% stake in the company, for a value of EUR325 million, thereby increasing its shareholding to 90% of ITA Airways. The Italian Ministry of Economy and Finance will retain the remaining 10% of the share capital. Completion of the transaction [&hellip;]<\/p>\n","protected":false},"author":45,"featured_media":267062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,267],"tags":[],"class_list":{"0":"post-267060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"category-europe"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lufthansa Group full throttle on ITA project - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2026\/05\/lufthansa-group-full-throttle-on-ita-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lufthansa Group full throttle on ITA project - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 14 May 2026: ITA Airways welcomes Deutsche Lufthansa AG\u2019s decision to acquire an additional 49% stake in the company, for a value of EUR325 million, thereby increasing its shareholding to 90% of ITA Airways. The Italian Ministry of Economy and Finance will retain the remaining 10% of the share capital. 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