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Lufthansa bailed out of bankruptcy, the German government is a major shareholder

The German Lufthansa Group and is, for now, been saved from bankruptcy. At a meeting of shareholders, a package of support of € 9 billion was approved by 98 per

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Lufthansa bailed out of bankruptcy, the German government is a major shareholder

The German Lufthansa Group and is, for now, been saved from bankruptcy. At a meeting of shareholders, a package of support of € 9 billion was approved by 98 percent of all the shareholders, and that the German government at the same time, one-fifth of all the shares held by the Lufthansa take over, and the two seats in the board of directors will be allocated.

The money is to come from the German economic stabilisatiefonds. Lufthansa was able to rely on the financial support of two-thirds of all of the shareholders consent.

it was as though it was the last day of the year, not to, inter alia, a majority shareholder, made it known to the seller. The 79-year-old billionaire, Hermann Thiele told us Thursday morning, however, he still went out to vote.

the German carrier have disappeared in the last few months, be sure to five thousand jobs, of which 600 aircraft, the 2,600 cabinemedewerkers, and a 1,500-man crew. If your financial aid did not come, were in danger of losing one's job for 22,000 from a total of 138,000 employees.

The German federal minister for Economic Affairs, and Peter Altmaier believes it is important for Lufthansa, even though the state is now the majority shareholder, it will remain independent operations. The share of Lufthansa's lap, and after the approval of the shareholders ' meeting by more than 7 percent.