Lufthansa refuses to accept EU conditions on $10-billion bailout

Topics Lufthansa | European Union | Germany

Lufthansa's $10 billion government bailout was thrown into doubt on Wednesday after the German airline's supervisory board refused to accept the conditions attached by Brussels.

  The board, which had been expected to sign off on the aid, instead refused EU requirements that Lufthansa permanently give up take-off and landing slots at Frankfurt and Munich airports, where it commands a two-thirds market share.   The bailout plan nevertheless remains "the only viable alternative" to insolvency, Lufthansa.....

This article is no longer available in our repository.

There could be multiple reasons for this.