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Eng: Lufthansa will buy 40% 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%". (HANDLE)

(ANSA) - ROME, FEBRUARY 02 - In the memorandum signed between the Treasury and Lufthansa, the share of Ita Airways for sale "is included 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 of 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 have "the go-ahead quickly from the EU Commission", explain the same sources .

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

"Ita will not be filing for Lufthansa", they stress,

   Fiumicino will be "the hub for Latin America and Africa because it will be the southernmost hub among those in the Lufthansa network".

    The unions' request for an increase in the salaries of Ita workers "is not an obstacle" to the negotiations between the Treasury and Lufthansa, they explain.


Source: ansa

All life articles on 2023-02-02

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