What Happened
German Carrier Expands European Network Through Strategic Acquisition
Lufthansa Group has confirmed its acquisition of a majority stake in Italian flag carrier ITA Airways, increasing its control from 41% to 90%. The deal, valued at €325 million, is expected to be completed in the first quarter of 2027, subject to regulatory approval. ITA Airways has already begun integrating with the Lufthansa Group, joining Star Alliance and adopting the Miles & More loyalty program. This move follows the path of other carriers, such as SWISS and Austrian Airlines, which became fully integrated into the Lufthansa Group after being acquired. The acquisition was announced by AeroTime.