Lufthansa does not approve bailout

Lufthansa does not approve € 9 billion bailouts; accused of too severe conditions

Miguel Márquez May 27, 2020
Negotiations on the € 9 billion bailout that the German government plans to provide to Lufthansa have been put on hold, due to conditions that Brussels has established are too harsh. As they were described, it is for this reason that Lufthansa cannot approve the bailout.

The Lufthansa supervisory board could not approve the financial rescue proposed by the government of Germany, through a statement the airline mentioned that "the conditions currently indicated by the Commission of the European Union, will weaken the functions in the airports of Frankfurt and Munich is for that reason that they will be intensively analyzed. "