Increasing capacity: A Lufthansa aircraft coming from Uzbekistan lands at the airport in Frankfurt. The airline expects passenger numbers to reach about half of 2019 levels over the coming months. ― AP
FRANKFURT: Deutsche Lufthansa AG plans to raise €2.14bil (US$2.5bil or RM10.48bil) to repay part of a German government bailout that helped the national carrier through the coronavirus pandemic.
The company will issue new shares at €3.58 (RM17.56) each, according to a statement, or less than half Friday’s closing price of €8.21 (RM40.28).
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