Lufthansa weighs listing of stake in jet-maintenance unit

Lufthansa is considering the sale of stock in its jet-aircraft maintenance business to fund the unit’s expansion and help boost the airline group’s market value, according to people familiar with the matter. A partial spinoff of the Technik division to Lufthansa shareholders is also being considered, though an IPO of a stake is the more likely option, said the people. The review is at an early stage and no final decision has been taken, they said. For Lufthansa Technik, a minority listing would help generate funds to invest in digitalisation or acquisitions, the people said. Unshackling the unit, one of the world’s largest aircraft-maintenance operations, would come as Lufthansa adopts a new holding-company structure meant to allow greater autonomy between its various divisions. <br/>