Luxair challenges EU approval of Lufthansa-ITA merger
Luxair said it has no objection to the merger itself but said that as part of the remedies offered by Lufthansa, smaller carriers like Luxair had been sidelined in the allocation of landing slots at Milan Linate airport.
In November, the European Commission approved a package of remedies proposed by Lufthansa (LHAG.DE), opens new tab for the acquisition of a minority stake in Italy's ITA Airways, in which EasyJet (EZJ.L), opens new tab, IAG (ICAG.L), opens new tab and Air France-KLM (AIRF.PA), opens new tab would secure more routes.
Lufthansa offered the remedies after winning EU antitrust approval in July 2024 to buy 41% of state-owned ITA, the successor airline to bankrupt Alitalia, for 325 million euros ($343.6 million), in a deal designed to boost its presence in the southern European market.
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