After years of talks, the Lufthansa Group is expected to complete the acquisition of ITA Airways next week. The acquisition will see the Italian carrier join many other European airlines in the group,

Lufthansa is set to acquire a stake in Italian state-owned airline ITA Airways on January 13, a source familiar with the situation told Reuters today, bringing to a close years of talks.

German aviation giant Lufthansa Group is set to take a stake in Italian state-owned airline ITA on January 13 following years of negotiations over a deal, dpa has learnt. Lufthansa chief executive Carsten Spohr confirmed the date during an employee event,

During a shareholders’ meeting on December 20, ITA Airways approved a capital increase that would be offered to Lufthansa Group, enabling the German airline group to acquire an initial stake in the Italian carrier.

Lufthansa is set to a acquire a stake in the Italian state-owned airline ITA on Jan. 13, bringing to a close years of talks, Germany's DPA news agency reported on Wednesday. Lufthansa CEO Carsten Spohr announced the date at an employee event,