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Lufthansa to increase stake in Eurowings

Berlin, Germany - It will increase its stake to 49% for EUR 10m

Deutsche Lufthansa AG will increase its stake in the affiliate Eurowings Luftverkehrs AG as Albrecht Knauf, the majority owner, cuts his stake. Lufthansa will raise its stake from the current 24,9% to 49% while Knauf will reduce his stake from 75,1% to 51%. The increase will cost Lufthansa EUR 10m. The air company will not take a majority stake in Eurowings in order to avoid conflicts with its pilots...

AVIONEWS - World Aeronautical Press Agency - 54806

AVIONEWS - World Aeronautical Press Agency
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