Lufthansa to Receive $10 Billion Bailout - The New York Times

The German government, which will take a 20 percent stake in the airline, said Lufthansa was facing an ‘existential emergency.’.

By Jack Ewing.

Lufthansa will receive a bailout worth 9 billion euros, or $9.8 billion, to help the airline survive an “existential emergency” caused by the pandemic and a virtual shutdown of passenger air traffic, the German government said Monday.

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