The inspectors of the crane vote against the slot requirements imposed by the EU Commission. The company will have to wait for the government billions to save - but there is not too much time left.

The Lufthansa Supervisory Board has surprisingly postponed the decision on the rescue package put together by the group and politicians. The “currently indicated conditions of the EU Commission” would “weaken the hub functions in Frankfurt and Munich” and could therefore not be approved, according to a mandatory notification to the shareholders. The invitation to an extraordinary general meeting is "initially" not issued.

According to reports, Brussels is demanding that Lufthansa give up up to 20 pairs of slots at both airports in return for the nine billion euro state package. "The resulting economic impact on the company and the planned return of the stabilization measures as well as possible alternative scenarios must be examined intensively," it continues. According to media reports, the group offers to give up a maximum of three slots.

Germany wants to use the Economic Stabilization Fund (WSF) created for the corona rescue of companies to pump nine billion euros into the group, which according to its own information is losing up to one million euros in liquidity per hour. This is the only feasible way “to maintain solvency”, according to the supervisory board.