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Lufthansa worried that its rescue plan could fail
German billionaire, Heinz Hermann Thiele, main shareholder at Lufhtansa, does not seem to be planning to give his blessing to the nine billion euro rescue plan for the air carrier /Imago
The nine billion euros rescue package that Lufthansa has negotiated with the German state council could fail for lack of sufficient support from its shareholders. The German billionaire, Heinz Hermann Thiele, who recently increased his stake in Lufthansa to 15%, opposes the plans. The decision will be taken at an extraordinary shareholders’ meeting on 25
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