Germany to privatize ATC

 - January 29, 2007, 6:29 AM

The German government gave the green light to sell to the public 74.9 percent of DFS, the agency operating the country’s ATC system. Shares of DFS will not be available before next year, with details of the privatization to be worked out this year. A government spokesman said there would be no restriction on who could purchase stock, and Lufthansa chairman Wolfgang Mayrhuber told Reuters news agency that
the German flag carrier “would not be averse” to acquiring a stake in the company.