Lufthansa said on Friday foreign shareholders now owned more than 45 percent of its stock but that it had no plans for a capital increase.
In order to retain its operating license under European law and air traffic rights to international destinations outside Europe, an airline's foreign ownership may not exceed 50 percent of the share capital.
The carrier has the right to issue new shares to domestic investors if foreign ownership breaches the 45 percent level.
But a Lufthansa spokeswoman said the company had no plans for such a step. The firm was confident that even without counter-measures, the foreign-owned stake would not reach 50 percent.
The company is able to take a number of measures to ensure that its shareholder structure remains predominantly German. It is entitled to buy back its own shares once more than 40 percent are foreign-owned.
Foreign holdings in the firm breached that level in August, but Lufthansa at the time welcomed the mainly US and British investors and said it had no plans to buy back any stock.
Lufthansa is obliged to issue a statement when certain levels of foreign ownership are exceeded.
If foreign holdings were to breach the 50 percent mark, Lufthansa can intervene, for example by denying foreign investors the right to enter their stock into its shareholder register, the spokeswoman said.
Maybe this will help to stop the a.net legend that LH has to buy Airbus only....