Raising money to pay back state aid

Lufthansa Group prepares for capital increase

Lufthansa Group
Cutting costs, raising money: Lufthansa specifies its plan to get back into profit.
Cutting costs, raising money: Lufthansa specifies its plan to get back into profit.

German carrier Lufthansa was severely hit by the coronavirus pandemic and was forced to take €9 billion in state aid. Now the airline group has revealed details of its plan to get back into the black – including a capital raising meant to pay back part of the aid.

Details (date and volume) of the capital increase have not been fixed yet, but Lufthansa announced that banks were already preparing the capital marke
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