Reuters reveals Lufthansa bids for ITA stake to revive Italy’s loss-making airline

Business & Finance

Reuters took readers on a deep dive into how German carrier Lufthansa said on Wednesday it had offered to buy a minority stake in ITA Airways, betting on reviving the loss-making successor to Italy’s Alitalia and expanding its footprint in Europe. Lufthansa said Italy is the most important market outside of its existing home markets and the United States, noting its prominence as both a business and tourism destination.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Europe

Countries: Italy

Win Types: Overall Coverage

Story Types: Special Report / Insight

Media Types: Text

Read the Full Article Here reuters agency

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