State Aid State Aid

Lufthansa’s executive board agrees to new terms in EUR9 billion German bailout

By Michael Acton
  • 30 May 2020 05:15
  • 30 May 2020 06:14
Lufthansa’s Executive Board has agreed to EU requests for it to give up eight aircraft with 24 landing slots at Frankfurt and Munich airports, in a bid to secure a 9 billion-euro ($10 billion) bailout package from the German government.

The European Commission still needs to formally approve the bailout, which would see

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