Lufthansa Cargo sells its stake in DHL to Deutsche Post World Net

Deutsche Post World Net is an important customer for Lufthansa Cargo and in the past few years the collaboration between the two companies has proved very positive. Although Lufthansa Cargo will no longer have an equity interest in DHL, it will pursue and strengthen its intensive cooperation with Deutsche Post World Net and DHL. "The disposal of our stake in DHL does not represent a change in strategy. It is a sensible move towards adapting our portfolio and will now enable us to realise the growth in value of this shareholding," said Lufthansa CEO and Chairman Jürgen Weber. In the future, Lufthansa Cargo will successfully expand its business via partnerships, Weber added.