Lufthansa Technik to remain sole property of Lufthansa

A Lufthansa Airbus A330-300 aircraft undergoes maintenance in a hangar at Lufthansa Technik Malta at Malta International Airport outside Luqa

(Reuters) – Lufthansa is to remain the sole shareholder of its aircraft maintenance business Lufthansa Technik after more than a year of deliberations on a possible divestment, the German airline group announced on Thursday.

As part of the release of its subsidary’s Ambition 2030 growth programme, Lufthansa’s executive board said it had decided not to pursue plans to sell a minority stake in Lufthansa Technik.

(Reporting by Tristan Veyet in Gdansk, Editing by Rachel More)

Reuters

Related posts

Worcester man convicted in 2020 shooting death

Two pedestrians injured after 71-year-old in SUV crashes into Allentown farmers market

Bronx woman arrested for fatal 2022 hit-and-run crash that killed 45-year-old driver