ITA Airways sale, Lufthansa speaks: 'Italian government didn't really want to sell'
"From our point of view, our joint offer with Msc was and continues to be the best solution for Ita. [...]
Lufthansa
Star Alliance
"From our point of view, our joint offer with Msc was and continues to be the best solution for Ita. We take note of the Italian government's decision to take a path that allows for greater state influence and does not involve a complete privatization of Ita".
This is the note from the Lufthansa group regarding the Italian government's decision to Engage in the exclusive negotiation with the American fund rather than with Italian shipping giant MSC.
In this article:
The two proposals had a major difference on company management and shareholding structure. MSC with Lufthansa aimed to take almost complete control Of the company, while by choosing the U.S. fund, the government will remain, initially, a partner at 40% and may appoint the chairman and two out of five members of the board of directors.
Lufthansa, Austrian and Swiss queues.
"Even without a partnership with Ita, Lufthansa Group maintains an excellent position in the Italian market. With our Italian airline Air Dolomiti and all our airline brands we already have a strong presence, with about 4 million passengers and more than 130 daily departures from 21 destinations," the note concludes.
