Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic.
Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic.
Lufthansa, which also owns Swiss, Austrian Airlines and Brussels Airlines, said it expects to have about 100 planes fewer in operation after the pandemic.In a statement late Wednesday, a union representing cabin crew, UFO, said its members were prepared to make concessions but expected job guarantees from the airline.
Lufthansa has agreed to a 9 billion-euro bailout plan that would give a government stabilization fund a 20% stake in the airline.
How are we supposed to interpret this?
Sad
The drop in demand is caused by their refusal to refund tickets on flights that they canceled! Lufthansa will be ruined by this policy. Make them pay and don't fly them. AA_MRO has been great about refunding tickets!
Yeah, Trump Shuttle may even be affected.
the world's airlines among the most affected by the pandemic
Soo its stock is about to top
Here we go
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