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Thursday, May 7, 2020

Deutsche Lufthansa AG seeks €9 billion ‘stabilization package’

Deutsche Lufthansa AG seeks €9 billion ‘stabilization package’ Deutsche Lufthansa is negotiating a stabilization package for 9 billion euros with the Federal Economic Stabilization Fund (Wirtschaftsstabilisierungsfonds – WSF) to finance the Lufthansa Group. The negotiations and the process of political decision-making are still ongoing. The negotiations on financing measures include a silent participation and a secured loan. The conditions are currently being discussed. […] - eTurboNews | Trends | Travel News
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