In early 2025, we saw Lufthansa Group acquire a 41% stake in ITA Airways , the national airline of Italy (formerly known as Alitalia). We knew that Lufthansa Group had the option to acquire a majority stake in the airline after some amount of time, and that’s now happening. Lufthansa Group increases ITA ownership stake to 90% This was expected, has limited implications Bottom line Lufthansa Group increases ITA ownership stake to 90% Lufthansa Group is exercising its option to acquire a majority stake in ITA Airways , increasing its stake by 49%, from 41% to 90%. This transaction will happen in June 2026, at the previously agreed upon price of 325 million euros. The transaction is subject to regulatory approvals, primarily from the European Commission and the US Department of Justice, and is expected to close in the first quarter of 2027.…