Ita and Lufthansa’s marriage hangs in the balance in Brussels

The EU Commission is set to release new communication on the purchase of Ita by Lufthansa in the coming days, possibly at the beginning of next week. This will conclude the antitrust investigation into the operation, which began on 23 January. After the observations, counter-proposals may follow, particularly regarding concerns about a possible monopoly position that could result from the merger.

There has been much discussion about potential objections raised by community institutions, particularly regarding the monopoly position that could result on certain routes due to Lufthansa’s existing portfolio of airlines. Low-cost carriers are waiting to see if Lufthansa and Ita, should the merger be approved, will be required to sell some slots in major Italian airports. Ryanair’s CEO has proposed that 30% of slots at Fiumicino should be renounced and distributed among other carriers to ensure fair competition.

The agreement between the Italian Ministry of Economy and Finance (Mef) and Lufthansa for the sale of a 41% stake in Ita dates back almost a year. The Mef has expressed frustration with the length of the operation and has urged the EU to approve the merger to create a strong European champion in the aviation sector. Lufthansa’s CEO has indicated progress in discussions with the EU Commission and is optimistic about receiving approval soon.

Overall, there are ongoing negotiations and discussions surrounding the potential merger between Ita and Lufthansa, with various stakeholders closely monitoring

By Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

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