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July 3, 2020
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Deutsche Lufthansa AG

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Lufthansa posts 2.1 billion euro net loss after ‘drastic decline’ in air travel in the first quarter

CNBC – For more and to sign up click here Lufthansa airplanes are parked on the tarmac at Frankfurt airport, Germany. Ralph Orlowski | Reuters Lufthansa reported a significant loss for the first quarter and said restructuring was necessary as its results were “significantly impacted” by the Covid-19 pandemic. The German......
CNBC Business

Lufthansa and German government agree $9.8 billion rescue package

CNBC – For more and to sign up click here Ralph Orlowski | Bloomberg | Getty Images The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has been in talks......

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