Ita Airways, Eberhart “Stronger company”. Pappalardo “New phase”

ROME (ITALPRESS) – The new Board of Directors of ITA Airways, appointed by the ordinary shareholders’ meeting held on Jan. 15, met today, giving effect to the agreements signed in June 2023 and the new corporate governance. The BoD, confirming the directions provided by the shareholders’ meeting, appointed Sandro Pappalardo as chairman and Joerg Eberhart as CEO. Following Deutsche Lufthansa’s acquisition of a 41 percent shareholding in ITA Airways, the official entry of the Italian airline into the Lufthansa Group was sanctioned. “Today is an important day for ITA Airways and for Italy,” said Pappalardo, “It opens a new phase for the airline, which in just over three years of operation and starting out as a start-up has managed to achieve important results that have convinced such a relevant industrial partner as Lufthansa to believe in the project and invest in ITA Airways.Together with the new members of the Board of Directors, to whom I wish a good job, and the Company’s management we will continue on ITA Airways’ growth path with the full support of the Lufthansa Group, to continue to represent Italy in the world and make our passengers more and more proud to fly with us.” “We are thrilled with the result we have achieved, which represents a historic moment for ITA Airways and for the entire air transport sector in Europe,” said Joerg Eberhart, “The Company as of today is more solid and, also thanks to the excellent results achieved so far, ready to face new challenges in a very competitive market, especially at the domestic level. The Lufthansa Group with ITA Airways is even stronger and I am sure that thanks to synergies with the other carriers in the group we will be able to seize important growth opportunities, being able to count on one of the youngest and most efficient fleets in Europe and on professionalism of absolute value.”(ITALPRESS).-Photo: Ita Airways press office-