Lufthansa CEO says airline is in talks with German government and EU about industry concessions

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Deutsche Lufthansa AG’s chief executive told the airline’s staff that it had significantly increase liquidity from banks in recent days and was discussing industry concessions with the German government and the European Union, as the global aviation industry navigates a sudden drop in bookings amid the spread of the coronavirus.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not a very flattering photo of the lufthansa plane

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Virgin Atlantic cuts CEO pay as airline industry predicts $113 billion hit from coronavirusVirgin Atlantic has said its boss will take a 20% temporary pay cut, as the airline became the latest to introduce emergency measures to cope with the impact... Virgin airlines are losing business already... Stay home !! .Some free advice !! Stay home !! Is it time to buy....?
Source: MarketWatch - 🏆 3. / 97 Read more »