FRANKFURT (Reuters) – Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people close to the matter said.
The government and airline are discussing loans as well as a possible equity investment as Lufthansa grapples to cope with Berlin’s order to all but halt its operations, the people said.
“We are in close contact with the federal government to secure our liquidity”, a Lufthansa spokesman said, but declined to comment on the details.
