Lufthansa nears 9 bn euro rescue from Berlin - US unemployment claims hit 38.6 million - After delays, Germany nears completion of virus app
Europe's biggest low budget airline has said a €9 billion government rescue package for the German flag carrier amounts to an "illegal subsidy." Ryanair's CEO said Lufthansa is "addicted to state aid."
COVID-19 has taught us that individuals and governments can act together for the greater good. In bailing out Lufthansa, the German government is showing a shocking lack of solidarity over climate protection.
German Chancellor Angela Merkel has said there will be a decision "soon" on a potential rescue program for airline giant Lufthansa. The carrier was seeking capital as it struggles to cope with the coronavirus pandemic.
The German flag carrier says it's close to sealing a €9 billion state rescue deal to help it survive the pandemic. Europe's second-biggest airline grounded 95% of its fleet due to global border and travel curbs.
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