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

Lufthansa, German government agree on $9.8 billion rescue package - sources

The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro (8 billion pounds) bailout, two people close to the matter said.The agreement is still pending approval by the German coronavirus rescue fund's steering committee, which is expected to meet on Monday, as well as Lufthansa's boards and the EU commission.Lufthansa declined to comment.
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