Business Lufthansa Supervisory Board advises on group crisis - news.ORF.at

Lufthansa Supervisory Board advises on group crisis – news.ORF.at

Today, the Lufthansa Supervisory Board wants to advise on the company’s crisis caused by the corona pandemic. It should be about government aid and other future options for Germany’s largest airline.

Lufthansa is currently negotiating state aid with the German government. In a letter from the Executive Board to Lufthansa employees that was announced yesterday, it was said that talks with the federal government could probably be concluded soon.

According to information from “Spiegel”, the federal government is planning a direct entry into the ailing airline. According to this, aid in a total volume of around ten billion euros is involved. Tomorrow, the Lufthansa Board of Directors will answer the shareholders’ questions about its crisis strategy at the Annual General Meeting.

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