The European Commission has approved Lufthansa’s plans to acquire joint control of Italy’s ITA Airways for €325 million. The Commission’s conditional approval, subject to compliance with remedies, addresses concerns about competition in the central European region with limited alternatives. Lufthansa and the Italian government have agreed to facilitate short-haul flights by rival airlines and share landing slots at Milan airport to prevent domination. Lufthansa CEO Carsten Spohr welcomed the decision, emphasizing the benefits for passengers and air traffic in Europe.
Brussels clears Lufthansa takeover of Italy’s ITA – DW
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