Lufthansa shareholders back government bailout to secure airline’s future

Lufthansa shareholders have backed a €9bn (£8.1bn) government rescue package to secure the future of Germany’s flagship airline.
The airline was one of many worldwide brought to the brink of collapse due to the COVID-19 pandemic, which saw a fall in demand for travel amid widespread restrictions and border closures.
The plan, backed by 98% of the shareholder capital that cast a vote at the online meeting, will see Berlin take a 20% stake in Lufthansa and two board seats.


Source : Sky News