ITA Airways A320neo aircraft in Frankfurt. Photo: ITA Airways Following Lufthansa Group's recent announcement that it would exercise the option to increase its holdings in ITA Airways to 90%, the Italian airline has welcomed the move and called it a particularly significant industrial and strategic milestone.
In a statement issued by ITA Airways, the airline said that Lufthansa's decision "confirms the value of the industrial project built over recent years and opens a new phase of growth within the Lufthansa Group, improving its exposure in the European and international air transport market."
The company emphasized that ITA Airways will continue to operate under its independent brand, while strengthening its Italian identity and its position as Italy's flagship airline. It also noted that the gradual integration into the Lufthansa Group is expected to enable the expansion of industrial and commercial collaborations, strengthen its position in European and international markets, and increase Italy's connectivity to the world.
ITA Airways added that the company intends to continue investing in employees, the service experience, and the promotion of the "Made in Italy" brand worldwide.