At the beginning of December, the Lufthansa management wants to talk to investors about a partial sale of Lufthansa Technik in a first round.
(Photo: dpa)
Frankfurt Despite the currently poor general conditions, Lufthansa is taking the next step in the planned partial sale of Lufthansa Technik. Discussions with private equity firms are set to begin in early December. This is confirmed in the environment of the company and in financial circles.
In the best-case scenario, the board could then have a list of non-binding offers in January. A Lufthansa spokesman declined to comment on the information.
The partial separation from the maintenance and technology subsidiary was addressed before the pandemic. Europe’s largest airline group wants to become more attractive for the capital market as a result. Focused companies are preferred there. Lufthansa is very broadly positioned with its numerous airline brands, the freight subsidiary Lufthansa Cargo, the technology offshoot and the caterer LSG.
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