GERMANY - The main shareholder approves the rescue plan of "Lufthansa"


Lufthansa's main shareholder, billionaire Heinz Hermann Thiele, announced that he would approve the rescue plan of the leading European airline.

"I will vote on the draft agreement at a general meeting of decision-makers, scheduled for Thursday," the 79-year-old businessman told the Frankfurter Allgemeine Zeitung.

The aid plan covers 9 billion euros and envisages the return of up to 20 % of Lufthansa capital to the state.


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