By Laura Kemp • 07 May 2020 • 16:20
THIS campaign includes a non-voting capital component, also known as a silent participation, a secured loan, an increase in capital which may lead to the German government shareholding up to 25 per cent plus one share.
However, there are alternative options of capital increase that are being discussed, including the increase of nominal value of the hare, if this is still necessary after a capital cut, added Lufthansa.
The airline has been in serious trouble since the travel bans as a result of the coronavirus crisis grounded 700 of its aircrafts subsequently causing a 99 per cent drop in its number of passengers.
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Originally from UK, Laura is based in Axarquia and is a writer for the Euro Weekly News covering news and features.
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