'Lufthansa will buy 40% of Ita for 250-300 million'

In the memorandum signed between the Treasury and Lufthansa, the share of Ita Airways for sale "is between 20 and 40%".

It is learned from sources close to the dossier, according to which in the end the German group "will buy 40% for an outlay between 250 and 300 million euros".

The negotiation between the Treasury and Lufthansa for the sale of a minority stake in Ita "is proceeding well" and the aim is to "sign the preliminary sale as soon as possible" and then "quickly get the go-ahead from the EU Commission".

"The government wants Lufthansa to take operational control as soon as possible so that ITA can benefit from the group's synergies as soon as possible", underline the same sources, explaining that the

operational entry of Lufthansa in Italy.

"Ita will not feed the Frankfurt and Munich hubs in favor of Lufthansa on the routes to North America", which have always been considered the most profitable.

"Ita won't do loyalty for Lufthansa".

"Frankfurt no longer has capacity" to handle other passengers.

So "Italian passengers will be able to continue to fly with Ita to the United States directly from Italy", as is the case with the other hubs of the group: Frankfurt, Munich, Vienna, Zurich and Brussels, "from which they fly to the United States" .

On the future hiring of Ita "there is a possibility" that the old employees of Alitalia could "be taken back" but at the moment there is no certain information". As for the causes that are open now, "

any kind of possibility because" ITA and Alitalia "are two different companies and therefore there can be no revenge on the new ITA". "The European Commission is not in an easy position.

They asked the Italian government to sell Ita, the Italian government is doing exactly what they said and now they won't be able to say: 'you can't sell it anymore'". The operation "will have the green light from the Commission". "Fiumicino will be the "hub for Latin America and Africa because it will be the southernmost hub in Lufthansa's network". "It is an advantage to be an hour and a half closer to the southern hemisphere than other hubs in the network" "It was a wise decision to buy the Alitalia brand" from Ita."