Major shareholder in German airline

Lufthansa mogul Thiele dies unexpectedly

Knorr Bremse
Unexpected death: Majority shareholder Heinz Hermann Thiele played a significant role in the state bailout of Gernan airline Lufthansa last year.
Unexpected death: Majority shareholder Heinz Hermann Thiele played a significant role in the state bailout of Gernan airline Lufthansa last year.

Lufthansa's majority shareholder Heinz Hermann Thiele has died unexpectedly at the age of 79. He was becoming a highly visible public figure last year when he was portrayed as the main obstacle to the state bailout the airline needed to survive the coronavirus crisis.

Heinz Hermann Thiele was also a majority shareholder of German braking systems maker Knorr-Bremse. He shaped the company since buying it from his then
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