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CHANCELLOR Angela Merkel’s coalition agreed on a sweeping 130 billion-euro ($146 billion) stimulus package designed to spur short-term consumer spending and get businesses investing again.
FRANKFURT: Deutsche Lufthansa AG signalled the start of a company-wide revamp spanning job cuts to asset disposals to help repay its 9 billion-euro (US$10bil) bailout from the German government.
BERLIN (Reuters) - The number of confirmed coronavirus cases in Germany increased by 213 to 182,028, data from the Robert Koch Institute (RKI) for infectious diseases showed on Tuesday.
LONDON: Deutsche Lufthansa AG may have won its battle for state aid, but its surrender of airport slots to appease regulators heralds heightened conflict between European aviation’s old guard and low-cost challengers.
BEIJING: China announced on Sunday (May 31) two new confirmed cases of coronavirus and four new asymptomatic cases, including one person without symptoms of Covid-19 (coronavirus) on a chartered flight from Germany.
BEIJING: A Lufthansa plane carrying around 200 mainly German workers landed in China on Saturday (May 30), marking the first return of Europeans since the country suspended visas over the Covid-19 (coronavirus) pandemic.
FRANKFURT: The German government has bristled at the European Commission’s antitrust demands on its €9bil (US$9.9bil) bailout of Deutsche Lufthansa AG, in a sign of rising tensions over the stalled aid package.
SAO PAOLO: Latam Airlines Group, the continent’s largest carrier, filed for US bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganisation due to the coronavirus pandemic.