The meaningful €9.0bn rescue fund from the German government will allow Lufthansa to get out of a morass, but the path is still unclear. Implementing an efficient restructuring will be essential for the group, which is facing heavy financial stress and actively-weakened capacity (release of slots), in a context of structurally-declined passenger demand.
04 Jun 2020
A material shock from the health crisis
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A material shock from the health crisis
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
04 Jun 2020 -
Author:
Yi Zhong -
Pages:
3
The meaningful €9.0bn rescue fund from the German government will allow Lufthansa to get out of a morass, but the path is still unclear. Implementing an efficient restructuring will be essential for the group, which is facing heavy financial stress and actively-weakened capacity (release of slots), in a context of structurally-declined passenger demand.