In a statement Monday, the German carrier quoted
“We recommend that our shareholders follow this path, even if it requires them to make substantial contributions to stabilizing their company,” said Kley. "It must be clearly stated, however, that
A German government stabilization fund will receive a 20% stake in the airline.
Environmental campaigners have criticized the government, saying it had not pressed for tougher emissions reduction targets as part of the bailout plan.
Lufthansa’s current shareholders and the
The airline will hold an extraordinary general meeting on
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