Friday, December 12, 2025 | 05:39 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Lufthansa, German govt agree on rescue package amid travel slump: Report

Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid

Lufthansa planes park at the airport in Duesseldorf, Germany, Thursday, March 19, 2020 | AP/PTI
premium

Lufthansa planes park at the airport in Duesseldorf, Germany, Thursday, March 19, 2020 | AP/PTI

Reuters Berlin

The German government and the management of flagship carrier Lufthansa, which has been hit hard by the coronavirus pandemic, have reached an agreement on state aid worth billions of euros, a source close to the matter said.

The agreement is still pending approval by the German coronavirus rescue fund's steering committee, which is expected to meet on Monday, as well as Lufthansa's boards and the EU commission.

The German government declined to comment. A Lufthansa spokesperson declined to comment.

The carrier said last week that it was in advanced talks on a deal that would involve the government taking two seats on its