Lufthansa has to wait for billions of dollars

(Photo: Lufthansa / Oliver Roesler)
(Photo: Lufthansa / Oliver Roesler)

Lufthansa has to wait for billions of dollars

(Photo: Lufthansa / Oliver Roesler)
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Board meeting postponed to Tuesday.

At an extraordinary general meeting, Lufthansa shareholders are supposed to approve the government's billion dollar rescue package - but to call it up, a decision by the supervisory board is required, and that is still being delayed. As the “Handelsblatt” reports, the committee should meet on Tuesday and not on Monday, as was still the case on Friday. The first postponement to the start of the week had become necessary because the federal government wanted to include in the package that Lufthansa must also purchase all aircraft (519) ordered from Airbus in the coming years. A billions clause, which is now formulated "softer".

Nevertheless, there are new problems: Because the EU Commission is apparently calling for an “exit strategy”, as the German state can quickly reduce its participation. Because Brussels makes strict conditions for corona aid for corporations.

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