Here is how Deutsche Lufthansa AG (DLAKY) and Grupo Aeroportuario del Pacifico (PAC) have performed compared to their sector so far this year.
Italy's government is studying the possibility of selling the majority of ITA Airways to a consortium that could include Germany's Lufthansa and state-owned railways group Ferrovie dello Stato (FS), the Corriere della Sera newspaper reported. Citing government sources, the paper said the government could sell 51% of ITA, the successor to Alitalia, to Lufthansa for 250 million euros ($261 million) and 29% to FS, while the rest would remain with the Treasury. Lufthansa and FS declined to comment.
Italy's government will press ahead with plans to sell a majority stake in airline ITA Airways, the successor to Alitalia, Economy Minister Giancarlo Giorgetti said on Tuesday, after shipping group MSC dropped its interest. "We are open to anybody who wants to participate in the privatisation," Giorgetti told a news conference, adding ITA Airways's data room is "always open." The privatisation is proving a headache for the Italian Treasury.