The Federal Republic of Germany is initiating the withdrawal from Lufthansa. The state finance agency announced that the stake will be reduced to around 15 percent. This means that the Economic Stabilization Fund will lose its blocking minority.

In the summer of the previous year, official Germany joined Lufthansa as part of state aid via the WSF. At that time you paid around 2,56 euros per share. In the meantime, the price has risen significantly, so that the transaction could generate a profit from today's perspective. The value of the shares up for sale is currently estimated at around 270 million euros.

However, the WSF has another option to get a blocking minority back. There is a silent partnership that can be converted into shares. It is currently not clear whether this step will be taken or not.

A complete phase-out is planned, but there is currently no timetable. Initially, the stake is to be reduced by around a quarter. Lufthansa was able to significantly reduce the amount of the loss in the first half of 2021, but is still deep in the red due to the corona pandemic.