The European Commission launches an in-depth look at competitive costs of the Lufthansa deal for ITA
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The European Commission on Tuesday announced an in-depth investigation of German airline Lufthansa’s planned takeover of Italian carrier ITA Airways, citing competitive concerns. Airline analyst Gregory Alegi said that the commission’s concerns were a paradox, since 20 years ago it had taken the position that the European Union market wasn’t big enough for the many flagship carriers that existed at the time. “The commission’s patience has been tested with Alitalia’s several bailouts, and ITA airways came about, because a previous government would not let it collapse, so there had to be a total break,’’ Alegi said.
History of this topic
Lufthansa gets green light to buy Italy's ITA Airways
China Daily
Lufthansa to consider raising stake in ITA to 90%, CEO says
Hindustan Times
EU commission approves Lufthansa purchase of long-troubled Italian airline ITA, with conditions
The Independent
Italy's likely new prime minister agrees to continue ITA Airways sale
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