Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023.

With the final report of the three extraordinary commissioners, Gabriele Fava, Giuseppe Leogrande and Daniele Umberto Santosuosso, the era of Alitalia, the historic national airline, has definitively ended. Having taken off on 11 January 2015 as “Società Aerea Italiana”, it went bankrupt in 2017 and has dissolved in 2024, marking the end of an era.

German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.

Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the carrier's presence in the lucrative southern European market.

Lufthansa Group completed its acquisition of Italy's ITA Airways, formerly Alitalia, finalizing a deal worth 829 million euros. Lufthansa now holds 41% of ITA, aiming for full control by 2033. This acquisition addresses competition concerns by allowing rival airlines access to certain routes,

January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of European commercial aviation, as the company finalized a 41% stake in Italian flag carrier ITA Airways.