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This airline is losing $1 million an hour
Lufthansa is locked in crunch talks with the German government on the terms of a rescue deal, as it fights to avoid bankruptcy while keeping state influence at bay......»»
Lufthansa board hopeful of securing government bailout soon
Lufthansa is hopeful its bailout talks with the German government can be concluded soon, the airline's board told staff in a letter seen by Reuters, adding that it is also considering alternatives such as creditor protection......»»
The Wall Street Journal: Lufthansa CEO says airline is in talks with German government and EU about industry concessions
Deutsche Lufthansa AG’s chief executive told the airline’s staff that it h.....»»
German economy minister: We"ll prevent Lufthansa from being sold out
The German government will prevent Lufthansa , the country's flagship carrier, from being sold out, Economy Minister Peter Altmaier told Bild newspaper on Thursday......»»
Lufthansa, unions: we want to keep as many jobs as possible
Lufthansa and unions representing much of its staff told the German government that their joint top priorities were to maintain the airline's competitiveness after the coronavirus crisis and preserve as many jobs as possible......»»
Lufthansa to get financial support from Switzerland and Austria
Switzerland and Austria pledged to help Lufthansa with state-backed loans as the German airline pursues talks with Berlin over a 9 billion euro ($9.8 billion) rescue package......»»
Lufthansa CEO warns of too much government influence: Die Zeit
Lufthansa would be hard to steer if governments had too much influence on the company, its CEO was quoted as saying by German weekly Die Zeit on Tuesday, as the airline is struggling with the impact of the coronavirus pandemic......»»
No rescue deal yet for German airline Lufthansa: sources
Lufthansa has not yet agreed on a 9 billion euro ($9.73 billion) rescue package, company and government sources said on Tuesday, following a report overnight that said an agreement was complete......»»
Lufthansa should be supported but not nationalised: Bavarian premier
The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday......»»
German government divided over form of Lufthansa rescue deal
Germany's ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, politicians said on Sunday......»»
Lufthansa seeking 290 million euro loan for Belgian airline: media
German airline Lufthansa is seeking a loan of 290 million euros ($313.08 million) loan from the Belgian government to avoid the bankruptcy of its Belgian subsidiary Brussels Airlines, Belgian broadcaster LN24 said on Friday......»»
Renault seeks state-backed loan as coronavirus crisis drags on
Renault is in talks with the French government to secure a state-backed loan worth several billion euros by mid-May to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday......»»
Renault seeks state-backed loan to build cash buffer
Renault is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday......»»
Lufthansa"s Austrian unit negotiates state aid, job cuts
Austrian Airlines is in negotiations with the government regarding state aid to save jobs and keep Vienna as a transfer hub for long-haul flights, the carrier said on Wednesday, adding the talks were at an early stage and will probably take weeks......»»
Bayer says glyphosate settlement talks delayed by coronavirus-Handelsblatt
Talks between Bayer AG and plaintiff lawyers to settle claims that the German company's glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic, Bayer's Chief Executive told daily Handelsblatt......»»
Mark Cuban Talks Stock Picks, Government Bailouts And Buybacks
Billionaire entrepreneur and investor Mark Cuban said he is "dipping my toes" in the stock market at current levels. read more.....»»
Lufthansa to apply for German state aid - Handelsblatt
German flagship carrier Lufthansa said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak......»»
Germany has proof that Huawei worked with Chinese intelligence: Handelsblatt
The German government is in possession of evidence that Huawei, the leading maker of telecoms network equipment, has collaborated with Chinese intelligence, the Handelsblatt daily reported on Wednesday......»»
German cabin crew union plans further strikes at Lufthansa
German cabin crew union UFO said on Saturday it was planning further strikes at Lufthansa to increase pressure on management after talks with Germany's largest airline and two potential mediators did not yield any results......»»