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Thursday 31 March 2022 10:30 am

Lufthansa’s boss ‘open to all options’ on ITA equity stake

By: Ilaria Grasso Macola

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Lufthansa's boss Spohr said all options were open regarding the takeover of ITA Airways.(Photo by Maja Hitij/Getty Images)

Lufthansa is open to all options regarding an equity stake in Alitalia’s successor ITA Airways, the German carrier’s boss Carsten Spohr said this morning.

Spohr told reporters Lufthansa, who had partnered with logistics giant MSC for the possible takeover, would be an ideal partner.

The chief executive’s comments come less than a month after he said the airline would not go for a majority stake in the Italian flag carrier.

He told investors acquiring the biggest piece of the pie was “far away” from his intentions, Morning Wire reported.

“We know what we are doing in Italy, no worry. I hear my shareholders – don’t worry we know there is a legacy,” Spohr said talking about Alitalia’s decades of losses which led to the carrier’s complete relaunch in October.

“The government linked us up with MSC, and they asked us for a blind date, and we fell in love.”

The joint MSC-Lufthansa’s proposal was challenged a few weeks ago when aviation powerhouses Delta and the Air France-KLM group bid for the company’s control, backed by an international fund.

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Lufthansa and aviation rivals clash in London court over power outlet profits

Lufthansa aircraft on tarmac with logo visible, showcasing airlines fleet under clear sky in a business news context

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