Lufthansa to get €9bn bailout, but state wants 20% and seats on the board

It might not be precisely what Lufthansa was looking for, but the carrier appears to have reached a deal with the German government for a €9bn bailout package.
Expected to be signed today, the deal will result in the government taking a 20% stake in the carrier.
It also means it will appoint two supervisory board members, despite Lufthansa CEO Carsten Spohr’s argument against any government control at the company’s AGM earlier this …

The post Lufthansa to get €9bn bailout, but state wants 20% and seats on the board appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Lufthansa to get €9bn bailout, but state wants 20% and seats on the board"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*