A good two years after joining Lufthansa, the German state parted with another block of shares.

The Economic Stabilization Fund (WSF) has reduced its stake to less than 10 percent, as reported by the aviation portal Aero. The state share had previously been around 14,1 percent. The Economic Stabilization Fund has now "turned onto the home straight to end the stabilization measure in favor of Lufthansa," said Jutta Dönges, the managing director of the finance agency. The proceeds from the sale already exceed the amount that the WSF used for the acquisition. The WSF will exit completely by October 2023 at the latest.

After the business slump in the Corona crisis in June 2021, the federal government saved Lufthansa from going under with financial aid of up to 6 billion euros. In this context, the WSF also acquired a shareholding of around 300 percent initially for 20 million euros. Lufthansa has already repaid the other financial aid such as loans and silent participations.