Asset disposal programme

Lufthansa plans to sell Airplus unit in summer

Deutsche Lufthansa AG
Launching an asset disposal programme: Lufthansa-CEO Carsten Spohr and CFO Remco Steenbergen.
Launching an asset disposal programme: Lufthansa-CEO Carsten Spohr and CFO Remco Steenbergen.

Lufthansa is planning to launch an asset disposal programme as early as summer with the sale of its €1 billion ($1.19 billion) Airplus unit as the German carrier seeks to raise cash to emerge from a government bailout, people close to the matter said.

Lufthansa is working with Goldman Sachs on the divestiture of the business travel expenses manager, the sources said, adding that the summer timing of
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