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German Government To Give Lufthansa Massive Pandemic Rescue Package

Video Credit: Wochit Tech - Duration: 00:34s - Published
German Government To Give Lufthansa Massive Pandemic Rescue Package

German Government To Give Lufthansa Massive Pandemic Rescue Package

Like airlines all over the world, German airline Lufthansa has been hit hard by the novel coronavirus COVID-19 pandemic.

Now, Reuters reports Lufthansa and the German government have reached a preliminary deal on a $9.8 billion bailout.

Talks with Berlin have been going on for weeks over aid to help Lufthansa to cope with what is expected to be a protracted travel slump.

However, the carrier has been wrangling over how much control to yield in return for support.

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