Acquiring Company
Lufthansa
Acquired Company
ITA Airways
Germany
RomeTransportationLeisureTravelAir TransportationTransportationLeisureTravelAir TransportationDescription
German airline Lufthansa has successfully closed a deal to acquire 41% of ITA Airways, the flag carrier airline of Italy. This strategic move will eventually grant Lufthansa full control of ITA Airways by 2033, further expanding its presence in the European aviation market.
Quick answer
Lufthansa is acquiring ITA Airways, announced January 17, 2025. Lufthansa is based in Germany.
- How much did Lufthansa pay for ITA Airways?
- The deal value was not disclosed.
- What does Lufthansa do?
- Lufthansa is a German airline and the largest airline in Europe.
- Where are Lufthansa and ITA Airways based?
- Lufthansa is based in Germany. ITA Airways is based in Rome, Lazio, Italy.
Source: Fundz verified event record.
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Who to call at Lufthansa, and when
When Lufthansa changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Lufthansa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lufthansa, from your own LinkedIn network
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Frequently asked
Who acquired ITA Airways?
ITA Airways was acquired by Lufthansa, based in Germany. The deal was reported on January 17, 2025. Lufthansa is a German airline and the largest airline in Europe. It operates services to 18 domestic destinations and 197 international destinations in 78 countries across Africa, the Americas, Asia, and Europe. Lufthansa is privately held and operates in Transportation.
When did Lufthansa acquire ITA Airways?
Lufthansa's acquisition of ITA Airways was reported on January 17, 2025. German airline Lufthansa has successfully closed a deal to acquire 41% of ITA Airways, the flag carrier airline of Italy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ITA Airways do?
ITA Airways is an Italian airline with an extensive network of routes from their hubs in Italy, including Rome and Milan. It operates both short-haul and long-haul flights and has a significant presence at the Milan-Linate airport. It is privately held, operating in Transportation, and is based in Rome.
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