Antitrust scrutiny from Brussels has caused headaches for Lufthansa over its planned investment in ITA Airways—and it isn't the only airline to be left in limbo.
Although Lufthansa is reporting a higher than expected first quarter loss, the airline remains confident for the summer season and possible ITA Airways deal.
The way the EC is arguing its case should not only worry Lufthansa, but others European players that either want to acquire a carrier or want to be acquired.
It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
Airbus and Italy’s ITA Airways have expanded their collaboration on advanced air mobility to include vertiport developer UrbanV and Italian energy company Enel.
Like many other carriers, ITA is focusing on rail partnerships amid increased scrutiny on the environmental impact of aviation and pressure to cut emissions.