Lufthansa Chief Executive Reportedly Flying to Rome to Finalize Takeover of Italian Flag Carrier ITA Airways

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Lufthansa chief executive Carsten Spohr is reportedly flying to Roma to finalize a deal to acquire a stake in the Italian flag carrier ITA Airways, according to the country’s Economy Minister Giancarlo Giorgetti, who was quoted by the Ansa news agency.

Talks between Lufthansa and Italy’s Ministry of Economy over the possible privatisation of ITA Airways have been dragging on for months, and Lufthansa was recently granted an extension to continue exclusive talks with the government.

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