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Entertainment Knorr-Bremse and Lufthansa major shareholder: Heinz Hermann Thiele died

22:52  23 february  2021
22:52  23 february  2021 Source:   tagesspiegel.de

investors send Lufthansa shares down: Lufthansa writes less billion dollar loss in the final quarter than expected

 investors send Lufthansa shares down: Lufthansa writes less billion dollar loss in the final quarter than expected Deutsche Lufthansa posted a smaller loss in the fourth quarter than expected. © Provided by Finanz.net MIKE CLARKE / AFP / Getty Images The cargo division also made a contribution, which achieved record results thanks to a sharp rise in average yields. For 2021, the group continues to expect a positive operating cash flow, the operating loss - measured in terms of adjusted EBIT - should be lower than in the previous year. Sales collapsed from October to December by 71 percent to 2.59 billion eu

He was best known when he rose to become Lufthansa's largest shareholder in the Corona crisis. Heinz Hermann Thiele has now died at the age of 79.

War Mehrheitsaktionär und Ehrenvorsitzender des Aufsichtsrats der Knorr-Bremse AG: Heinz Hermann Thiele © Photo: Knorr-Bremse AG / dpa Was the majority shareholder and honorary chairman of the Supervisory Board of Knorr-Bremse AG: Heinz Hermann Thiele

The billionaire and majority shareholder of the brake specialist Knorr-Bremse, Heinz Hermann Thiele , is dead. He died according to information of the company surprisingly on Tuesday at the age of 79.

Thiele was most recently deputy chairman and honorary chairman of the supervisory board and previously for many years chairman of the board and then head of the supervisory board.

He became known to the general public in 2020 when he became the largest shareholder in Lufthansa during the Corona crisis . He had criticized the state's entry to rescue the airline, but then agreed to . (dpa)

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CEO Karl-Heinz Rummenigge from FC Bayern has defended plans for comprehensive reforms in the Champions League and predicts that the premier class will be even more attractive if implemented. © Provided by SPOX UEFA is planning a reform for the Champions League by 2024 at the latest. Karl-Heinz Rummenigge is a supporter of the plans. "It will make the competition much more spectacular and lively than the current group stage," he told the Corriere della Serra .

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