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Italy and Lufthansa seal ITA Airways deal

Summary by Macau Business
Italy and Lufthansa finalised their agreement Wednesday for the German airline to acquire a minority stake in ITA Airways, the state-owned carrier born from the ashes of Alitalia. Joerg Eberhart, Lufthansa’s chief strategy officer, was appointed chief executive of ITA Airways at a shareholders meeting that sealed the union. “After more than two years of hard work, this new phase in the company’s history will allow us to strengthen our position a…
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