.
.
.
.

Germany to keep Lufthansa financially stable, competitive, says minister

Published: Updated:

The German government wants to support Lufthansa in a way that ensures it will remain a national flagship carrier despite massive travel restrictions due to the coronavirus pandemic, the deputy economy minister said on Monday.

“We’re very much interested in, and also doing everything to ensure that we continue to have a strong national carrier,” Thomas Bareiss told reporters, adding that it was still too early to discuss detailed measures to help Lufthansa.

For more coronavirus news, visit our dedicated page.

The government must find a way to ensure that Lufthansa remains financially stable and competitive, Bareiss said, adding that any solution in which the German state bought shares in the company would have to be temporary.

Read more:

Coronavirus: Richard Branson says Virgin airlines needs state help to survive

Saudia airline sees flight disruption until year-end amid coronavirus: Internal email

Global airlines to lose $314 billion in revenue from coronavirus: IATA