The EU Commission is expected to release new communication on the purchase of Ita by Lufthansa in the coming days, possibly at the beginning of next week. This announcement will come after a year-long antitrust investigation into the operation, which began on 23 January and ends on 6 June. After the observations, counter-proposals may follow, particularly regarding concerns about the possible monopoly position that could result from the merger.
The potential objections raised by community institutions, particularly regarding the monopoly position that could result on certain routes due to Lufthansa’s existing portfolio of airlines, have been discussed. Low-cost carriers are waiting to see if Lufthansa and Ita, should the merger be approved, will be required to sell some slots in major Italian airports. Ryanair’s CEO has proposed that 30% of slots at Fiumicino should be renounced and distributed among other carriers to ensure fair competition.
The agreement between the Italian Ministry of Economy and Finance (Mef) and Lufthansa for the sale of a 41% stake in Ita dates back almost a year. The Mef has expressed frustration with the length of the operation and has urged the EU to approve the merger to create a strong European champion in the aviation sector. Lufthansa’s CEO has indicated progress in discussions with the EU Commission and is optimistic about receiving approval soon.
Overall, there are ongoing negotiations and discussions surrounding
