EU Commission gives green light for Lufthansa Group’s participation in ITA Airways
Source: Lufthansa Carsten Spohr, Chief Executive Officer of Deutsche Lufthansa AG, says: "The approval from Brussels is excellent news for ITA Airways and Lufthansa and especially for all passengers flying to and from Italy. We look forward to welcoming ITA Airways and its outstanding employees as a new member of our airline family very soon. The decision is also a clear signal for strong air traffic in Europe, which can successfully assert itself in global competition." Lufthansa Group, the Italian Ministry of Economy and Finance (MEF) and ITA Airways have expressly welcomed the EU Commission's approval under competition law. With this clearance of the competition authority, the way is now clear for the acquisition of a minority stake of 41 [...]