Published on : Friday, May 8, 2020
The coronavirus continues to have a severe impact on international travel which has led Lufthansa to negotiating a €9 billion bailout with German authorities.
The airline stated that the negotiations and the process of political decision-making are still ongoing.
The deal includes a non-voting capital component, known as a so-called silent participation, a secured loan, and a capital increase.
The government will have a shareholding of up to 25 per cent plus one share, according to the company.
Lufthansa said that the alternatives of a capital increase are being discussed and may include an increase at the nominal value of the share, if necessary, after a capital cut.
Among those offering help are Switzerland, Austria and Belgium where Lufthansa has important subsidiaries.