Criticism of the state boarding: Lufthansa-a major shareholder Thiele to raise its stake to 15 percent

The Munich-based entrepreneur Heinz Hermann Thiele wants to act on the rescue plan for the ailing airline Lufthansa with the introduction of the state post. The package should be constricted by the will of the major shareholder, once again, up.

Sven Astheimer

editor responsible for the corporate reporting.

Rüdiger Köhn

economy correspondent, based in Munich, Germany.

Thiele, defends himself in an Interview with F. A. Z.-especially the planned equity participation of 20 per cent in Europe's largest airline, should the state get in return for his cash injection of nine billion euros. The Plan of the week were gone long negotiations.

As an Alternative to state aid is the name of the Corona-crisis hard-hit Lufthansa insolvency proceedings in the room. His Position to underline Thiele increased in the past few days, his share of the company from ten to 15 percent. With the increase in stress he built up the seriousness of his role as an anchor shareholder and his strong interest in the rehabilitation of Lufthansa, said Thiele, the F. A. Z.

22,000 jobs threatened

With the Development of his parcel of shares and he has to brake at the same time, the majority owner of the commercial vehicle and rail supplier Knorr --a powerful counter – position to the upcoming participation of the Federal government. The action became on Tuesday evening known, a good week before the Lufthansa shareholders at an extraordinary General meeting on 25. In June, the state will decide on participation.

This is endorsed by the Executive Board under the chairmanship of Carsten Spohr, the Supervisory Board already. Without the Thiele's consent, the required two-thirds majority is achieved in the virtual annual shareholder but most likely, since, never all the shareholders are present.

He had finally made a decision about his or her voting behavior, said Thiele, the F. A. Z. and said that he wanted nothing to block: "I hope, rather, that in the run-up to something, and in motion, can be effected."