Acquiring Company
Lufthansa Group
Acquired Company
ITA Airways
RomeTransportationTravelAir TransportationAerospaceTransportationLeisureTravelAir TransportationDescription
Lufthansa Group has acquired a 41 percent stake in ITA Airways, the successor to Alitalia, as part of a broader trend of consolidation in Europe’s airline industry. This acquisition makes ITA part of Lufthansa's growing network of airlines, which now includes five major brands. The transaction was approved by the European Commission with specific conditions aimed at preserving competition. This deal reflects ongoing shifts in market power within the European aviation sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired ITA Airways?
ITA Airways was acquired by Lufthansa Group. The deal was reported on September 9, 2026. Lufthansa Group is a leading aviation group with a network of around 540 subsidiaries and equity investments in different divisions of the airline industry. Lufthansa Group is privately held and operates in Transportation.
When did Lufthansa Group acquire ITA Airways?
Lufthansa Group's acquisition of ITA Airways was reported on September 9, 2026. Lufthansa Group has acquired a 41 percent stake in ITA Airways, the successor to Alitalia, as part of a broader trend of consolidation in Europe’s airline industry. 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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