Lufthansa is negotiating a €9 billion bailout with German authorities because the coronavirus continues to have a extreme affect on worldwide journey.
“The negotiations and the method of political decision-making are nonetheless ongoing,” the airline mentioned in an announcement.
The deal features a non-voting capital part, often known as a so-called silent participation, a secured mortgage, and a capital enhance.
It could depart the federal government with a shareholding of as much as 25 per cent plus one share, the corporate mentioned.
Varied options of a capital enhance are being mentioned, together with a rise on the nominal worth of the share, if essential, after a capital minimize, Lufthansa added.
Switzerland, Austria and Belgium, the place Lufthansa has essential subsidiaries, have additionally provided assist.
A few of these contributions might decrease the share that Germany is placing up within the bailout.