SAN FRANCISCO: Germany’s Covid-time support to Lufthansa has paid off by both stabilising the airline and the government selling off to private players the 20% shares it had bought in Lufthansa for Euro 306 million - as financial aid in the summer of 2020 — nearly a year before the originally anticipated time. Now, Lufthansa is once again 100% back in private hands.
Germany’s Economic Stabilization Fund (WSF) on Tuesday announced that all the remaining shares of its holding in Deutsche Lufthansa AG had been sold to various investors via an accelerated bookbuilding process.
