Lufthansa gears up for bailout showdown with investor By Reuters

2020-06-21

© Reuters. FILE PHOTO: Frankfurt’s airport during COVID-19 FRANKFURT (Reuters) – Lufthansa (E:) will seek to avoid a grounding and insolvency, Chief Executive Carsten Spohr said on Sunday, before a showdown between the airline’s biggest shareholder and the German government over the terms of a 9-billion-euro bailout. Lufthansa has beenRead More →

Lufthansa vows company revamp as losses balloon By Reuters

2020-06-03

© Reuters. Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld airport By Ludwig Burger FRANKFURT (Reuters) – Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out amid the fallout fromRead More →