Lufthansa Supervisory Board examining alternatives

The Lufthansa Supervisory Board postponed the vote on the acceptance of the rescue package for the airline, in the amount of 9 billion euros. The committee justified possible conditions, the committee justified. These could be such that Lufthansa take-off and landing rights at certain locations had to be called into question. The hub function of the airports in Frankfurt and Munich would experience a weakening in concequence of such a step, according to the reasoning of the members of the Supervisory Board. One of the alternative scenarios to the rescue package is self-bankruptcy. Such a scenario is now to be examined, said the Supervisory Board.

Meanwhile, CSU regional group leader in the German Bundestag, Alexander Dobrindt, (CSU) has criticized the possible EU requirements as “unjustified”. The behavior is in opposition to the rescue initiatives in the Corona crisis, he indicated. The EU should rather support the initiatives of crisis management positively, he said.

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