Story continues below advertisementThe flight expansion comes less than two weeks after Lufthansa unveiled plans to resume flights to destinations including Los Angeles, Toronto and Mumbai from June, as it begins to restore business that was virtually shut down by the coronavirus crisis.
The airline said on Thursday it was in advanced talks with the German government over ceding a 20% stake in exchange for the cash injection. Bild am Sonntag, without citing sources, said the loan would have to be repaid at the end of 2023. In an interview with public broadcaster ZDF on Sunday, German Economy Minister Peter Altmaier said that Lufthansa would have to repay the loan as soon as it turned a profit again.Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.
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