25-05-2020 14:39 via uk.finance.yahoo.com

Lufthansa and German government agree $9.8 billion rescue package

The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro (8 billion pounds) bailout.The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, was profitable and had good prospects for the future but had got into trouble because of the pandemic.Rivals such as Franco-Dutch group Air France-KLMand U.S. carriers American Airlines , Unite
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