Share of foreign investors in Lufthansa exceeds 40%

Frankfurt (LUFTHANSA) - In order to retain the air traffic operating licence under European law and air traffic rights to fly to destinations outside Europe, the proportion of foreign shareholders may not exceed 50 per cent of the company's share capital. When the proportion of foreign shareholders reaches 40 per cent, the company is therefore authorised by the German Aviation Compliance Documentation Act to buy back its own shares to prevent imminent excessive foreign control. After a careful analysis of share trading, Lufthansa however does not currently see a threat of excessive foreign control.