Lufthansa CEO Says All Options Open On ITA Equity Stake

By Dave Simpson
Lufthansa CEO Says All Options Open On ITA Equity Stake

Lufthansa LHAG.DE is open to all options on a possible equity stake in Italy's ITA Airways if its potential bid led by shipping group MSC is successful, CEO Carsten Spohr has said.

Details

"All options are open," he told reporters when asked whether Lufthansa envisaged taking an equity stake. Lufthansa would be an ideal partner in Alitalia's successor, he added.

Lufthansa has teamed up with MSC to express an interest in ITA and expects to be given access to its books in June after the Italian government detailed ways to sell the slimmed down airline.

Statement In March

Early last month, Spohr said that Lufthansa had no plans to take a majority stake in ITA.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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