Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro (8 billion pounds) stabilization package for Lufthansa, Germany's flagship carrier said on Monday."The Executive Board also supports the package", Lufthansa said, adding that the bailout still need consent from shareholders as well as the European Commission.The WSF plans to sell its shareholding by end-2023.