Lufthansa’s €9bn state bailout wins shareholder backing
The vote secures the survival of Europe’s largest airline
25 June 2020 - 23:59
Frankfurt — German airline Lufthansa won shareholder approval for a €9bn bailout from the government, securing the survival of Europe’s largest airline after weeks of drama over the rescue package.
About 98% of the airline’s shareholders at a special meeting on Thursday voted to approve the plan, according to chair Karl-Ludwig Kley...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.