Lufthansa expects the EU antitrust
authority to give the green light for its acquisition of 41% of
ITA Airways "by early 2024", the German company said in a
statement on its third-quarter financial results.
ITA replaced loss-making former flag-carrier Alitalia in 2021,
with the State taking full ownership.
In May the Italian State agreed to the acquisition by German
carrier Lufthansa of a 41% stake in ITA's share capital against
an investment of 325 million euros over the 2023-2024 period.
However, the deal still needs to be approved by EU competition
authorities.
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