Top Lufthansa shareholder Kuehne does not plan to take blocking minority stake, Welt am Sonntag reports

Logistics billionaire Klaus-Michael Kuehne, Lufthansa's (LHAG.DE) top shareholder, has no plans to raise his stake in the carrier to a 25% blocking minority, which would give him the power to veto major strategic decisions, he hold a German paper. Kuehne in September disclosed that he had increased his stake in Lufthansa to 17.5%, after the German government sold all its remaining shares in the airline, which it accumulated as a result of the COVID pandemic to keep the airline afloat. "It should remain at the current 17.5% for now," Kuehne, who is also the controlling shareholder of Swiss logistics firm Kuehne & Nagel and has a 30% stake in container shipping company Hapag-Lloyd, told Welt am Sonntag. "I am not aiming for a blocking minority," Kuene said, adding he was satisfied with Lufthansa CE Carsten Spohr.<br/>