FRANKFURT (Dow Jones)–The flight attendants ‘ Union Ufo urges the shareholders of Lufthansa to the approval of the rescue package. In addition to the employees, the shareholders have a responsibility, stated in a communication from the Ufo. “You are to make decisions about the future of the group and its employees. If next Thursday will be voted in favour of the government package, have paid off our efforts,” said Nicoley Baublies, the managing Director of the Independent flight attendants organization (UFO).
In the vote on Thursday at the extraordinary General meeting, it is crucial, how much percent of the shares will be represented. The share under 50 percent, a two-thirds majority was necessary. The share, however, at least 50 percent, a simple majority. “Therefore, it is extremely important that even the smallest of the small shareholder exercises its right to vote and the bailout to agree to,” said Baublies. The shareholders could vote by Saturday at midnight, or your voice to the Ufo transfer.
A Non-acceptance of the state warned that AIDS would mean that the Deutsche Lufthansa AG could get according to his own statements in more, serious trouble, the Ufo.
Lufthansa-a major shareholder Heinz Hermann Thiele had criticized the 9-billion Euro state rescue package. It comes at the time of the vote on may 25. June, with its share of meanwhile, more than 15 percent a key role.
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(END) Dow Jones Newswires
June 19, 2020 03:43 ET (07:43 GMT)
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