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Home > Business > Italy EconMin willing to meet Lufthansa CEO to solve ITA Airways dispute

Business

Italy EconMin willing to meet Lufthansa CEO to solve ITA Airways dispute

Published by Uma Rajagopal

Posted on November 8, 2024

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ROME (Reuters) – Italian economy minister Giancarlo Giorgetti on Thursday said it would be good to have a meeting with Lufthansa CEO Carsten Spohr at the weekend to overcome a dispute regarding the sale of a minority stake in state owned ITA Airways.

This week, the Italian Treasury put on hold the sale of a 41% in ITA for 325 million euros ($350 million) after it argued with Lufthansa over an apparent 10 million euro price difference.($1 = 0.9271 euros)

(Reporting by Giuseppe Fonte; writing by Angelo Amante; Editing by Keith Weir)

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