Reuters took readers on a deep dive into how German carrier Lufthansa said on Wednesday it had offered to buy a minority stake in ITA Airways, betting on reviving the loss-making successor to Italy’s Alitalia and expanding its footprint in Europe. Lufthansa said Italy is the most important market outside of its existing home markets and the United States, noting its prominence as both a business and tourism destination.
Business & Finance
Reuters reveals Lufthansa bids for ITA stake to revive Italy’s loss-making airline
19 January 2023, 6:46 pm. 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Italy
Win Types: Overall Coverage
Story Types: Special Report / Insight
Media Types: Text
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