Lufthansa to apply for German state aid – Handelsblatt

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FILE PHOTO: Airplanes of German carrier Lufthansa stand at the air terminal of Frankfurt Airport, Germany, March 12, 2020. REUTERS/Ralph Orlowski

BERLIN (Reuters) – German flagship carrier Lufthansa (LHAG.DE) said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak.

The airline group, which also owns Swiss International, Austrian Airlines and Brussels Airlines, was speaking to governments of countries where its units are based, it said.

“Lufthansa will contact the governments of its home markets for liquidity support,” a spokesman for the airline told Reuters.

Chief Executive Carsten Spohr will take part in a meeting between German Chancellor Angela Merkel and industry bosses on the coronavirus on Friday, a person familiar with the plans told Reuters.

Newspaper Handelsblatt earlier reported the airline would petition for state aid, citing a video message by the CEO to staff.

Reporting by Klaus Lauer in Berlin; additional reporting by Ilona Wissenbach in Frankfurt; writing by Ludwig Burger; editing by Thomas Seythal and Thomas Escritt

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