Major shareholder Klaus-Michael Kühne insists on having a say at Lufthansa

Lufthansa aircraft in Frankfurt

After the restart, many things are changing at Europe’s largest airline group.

(Photo: dpa)

Frankfurt, Berlin Klaus-Michael Kühne, logistics entrepreneur and major shareholder of Lufthansa, is not satisfied with just a seat on the supervisory board of the airline group. He also insists on a place on the important audit committee for his confidante Karl Gernandt, as can be heard from company circles. Kühne made that clear at a joint meeting with Lufthansa Supervisory Board Chairman Karl-Ludwig Kley and CEO Carsten Spohr.

A Lufthansa spokesman did not want to comment on the information, and Kühne Holding also said nothing about the internals of the Lufthansa Supervisory Board.

Kühne holds 17.5 percent in Lufthansa, according to unconfirmed information from financial circles he is buying up more Lufthansa shares. The next reporting limit is 20 percent. Kühne Holding is silent on the subject.

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