Lufthansa shares soar after major shareholder backs bailout plan

BERLIN (Reuters) - Lufthansa shares jumped more than 27% in early trade on Thursday after billionaire investor Heinz Hermann Thiele endorsed a 9 billion euro (£8.15 billion) government bailout to rescue the carrier hit hard by the coronavirus pandemic."I will vote for the proposal," Thiele, who owns a 15.5% stake in Lufthansa, told Frankfurter Allgemeine daily on Wednesday.His endorsement amounted to a respite for the airline after fears had swirled that he might veto the proposed package,..