Lufthansa aims to pay back government aid quickly

Lufthansa’s CE said Friday that the company aims to pay back billions of euros in aid provided to help the airline through the coronavirus pandemic before Germany’s election in late September. Germany’s biggest airline received a E9b government rescue package about a year ago. The German government took a 20% stake in the company. “We were one of the first companies that was rescued by the German government,” Lufthansa CEO Carsten Spohr said Friday. “We also want to be one of the first companies that pays back the rescue money — hopefully, before the parliamentary election,”Spohr added. “We are on it.”<br/>
AP
https://apnews.com/article/europe-germany-health-coronavirus-pandemic-business-a2ecf869a3226eea379afa23a25cbc08
6/18/21
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