26/05/2020  · Lufthansa agrees €9bn rescue deal in Germany. … , which will massively distort competition and level playing field into provision of flights to and from Germany for the next five years”. In a statement, O’Leary said: “Lufthansa is addicted to state aid. Whenever there is a crisis, Lufthansa’s first reflex is to put its hand in the German government’s pocket. While most other EU …

After many weeks of negotiations, shareholders in German flag carrier Lufthansa have agreed at an extraordinary general …

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26/05/2020  · Lufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it from collapse. The German airline has been severely affected by a decline in travel due to the coronavirus and closed its budget airline Germanwings in April.. The German government will take a 20% stake in the firm, which it intends to sell by the end of 2023.

26/05/2020  · Lufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it from collapse. The German airline has been severely affected by a decline in travel due to the …

25/05/2020  · Coronavirus: Government draws up plan to rescue key firms; The bailout deal is the result of weeks of talks between Lufthansa and the German …

The airline’s chairman had warned shareholders that bankruptcy loomed and the loss of their holdings would come with it.

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Lufthansa shareholders approved a 9 billion-euro ( billion) rescue package Thursday that will see the German government …