Germany Re-Nationalizes Lufthansa

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Comments

  1. The trailer for Airplane!… Just the funny I needed this morning. Thanks, Gary

  2. Taking a 20% ownership stake is NOT “re-nationaliation.” That requires a controlling stake.

  3. That attention-grabbing, but factually false headline is disappointing – its more National Inquirer than “thought leader”…
    The 20% stake is intentionally keeping the government out of the management. They are placing some conditions, like limits on executive compensation and dividend payments, which sounds reasonable to me in a bailout like this…

  4. @ Rupert

    I would have thought that 20% pretty much gives you a seat or two on the board.

  5. @Rupert – the German government becomes the single largest shareholder in the airline, it’s delusional to believe the government won’t hold sway over the group.

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