Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro bailout of carrier Lufthansa , two people familiar with the matter said.
FILE PHOTO: Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld airport, amid the spread of the coronavirus disease in Schoenefeld, Germany, May 26, 2020. REUTERS/Fabrizio Bensch/File PhotoBERLIN/FRANKFURT: Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro bailout of carrier Lufthansa , two people familiar with the matter said.
The people said Lufthansa is giving up as much as four planes each in Frankfurt and Munich as well as up to 24 corresponding landing slots.One of the people said this would not officially conclude talks between the German government and the European Commission.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
German official sees Lufthansa bailout in reach, demands fairnessThe Berlin government is likely to reach a deal with Brussels on a US$10 billion government bailout of stricken airline Lufthansa , senior ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sourcesLATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ryanair's Lauda airline shuts down Vienna baseRyanair's Austrian carrier Lauda said on Friday it was closing down its Vienna base after failing to reach an agreement with unions on pay, and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
EU not in mood to follow Donald Trump into China conflict over Hong Kong national security lawThis story is jointly produced by the South China Morning Post and POLITICO, with reporting from Brussels, Paris and Hong Kong.European leaders are in no mood to follow the United States in threatening trade sanctions against China as it moves to tighten its grip on Hong Kong, although foreign ministers
Source: YahooSG - 🏆 3. / 71 Read more »
Cold symptoms that people normally 'shrug off' make mild cases of COVID-19 hard to detect: ExpertsSINGAPORE: Some patients with mild COVID-19 symptoms may have only had a slight fever, according to preliminary findings from a local study, which ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
COVID-19: Cases in S'pore pass 33,000 mark with 373 new infections; no S'poreans or PRsSINGAPORE — The Ministry of Health (MOH) reported a preliminary 373 new COVID-19 cases in Singapore as of Thursday (28 May) noon, bringing the total to 33,249.
Source: YahooSG - 🏆 3. / 71 Read more »