# German investor Kuehne does not plan to further boost Lufthansa stake – FAZ
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-08-23
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: German Logistics Entrepreneur Klaus-Michael Kuehne:
Meta Description: Find out why Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond 15% and his future plans for the German flag carrier.
URL: https://financedigest.com/german-investor-kuehne-does-not-plan-to-further-boost-lufthansa-stake-fazhtml

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BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond 15%, he told the Frankfurter Allgemeine newspaper on Tuesday.

Kuehne increased his stake in the German flag carrier to 15% in July, making him the biggest shareholder.

When asked whether he would make a move when the German government sells its remaining stake of less than 10% in Lufthansa, which it must do by next year at the latest, Kuehne said that such an increase would be out of the question.

“We would then have a blocking minority of 25%. Politically, that’s probably not feasible,” he told the newspaper.

The German billionaire is also the controlling shareholder of Swiss logistics [firm Kuehne & Nagel and has a 30% stake](https://www.financedigest.com/stellantis-to-build-u-s-firm-archers-air-taxi-up-stake.html "Stellantis to build U.S. firm Archer’s air taxi, up stake") in container shipping company Hapag-Lloyd AG.

(Writing by Miranda Murray; Editing by Kirsten Donovan)


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