Lufthansa's risky Italy bet hinges on Rome airport expansion
Lufthansa
ROME/LONDON/FRANKFURT : Lufthansa's long-promised turnaround of Italy's ITA Airways, crucial to help revive the German airline's fortunes, is interlinked with Rome airport Fiumicino's ability to implement an ambitious expansion plan. Struggling with high costs and prolonged delays in Boeing plane deliveries, Lufthansa CEO Carsten Spohr said on Oct. 1 that investing in further international growth - which includes the agreed purchase of a 41 per cent stake in Alitalia successor ITA - would help
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