Brussels approves Lufthansa rescue package

Airbus A350 at Munich Airport (Photo: Lufthansa / Alex Tino Friedel ATF Pictures).
Airbus A350 at Munich Airport (Photo: Lufthansa / Alex Tino Friedel ATF Pictures).

Brussels approves Lufthansa rescue package

Airbus A350 at Munich Airport (Photo: Lufthansa / Alex Tino Friedel ATF Pictures).
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Brussels gives the green light under conditions for the state rescue package for Lufthansa. Now only the approval of the shareholders is pending.

On Thursday morning, the competition authorities gave the EU Commission the green light for the rescue package that Germany had put together for Lufthansa. Now the only thing that remains to be done is acceptance by the shareholders, although this should only be a matter of form based on the current information.

According to the EU Commission, the aid package for Lufthansa is tied to various conditions. Among other things, no competitors are to be bought up for the time being and no dividends are to be paid out to shareholders. In Frankfurt am Main and Munich, slots must be given to competitors.

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