• Home
  • Privacy Policy
  • Ad Rates
  • Submit News
  • Contact Us
The Eagle Online
  • Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Life & Style
    • Crime
    • R&D Health
    • Diet and Fitness
    • Intimacy
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
  • Advert Rates
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Life & Style
    • Crime
    • R&D Health
    • Diet and Fitness
    • Intimacy
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
  • Advert Rates
  • Contact Us
No Result
View All Result
The Eagle Online
No Result
View All Result

German government, Lufthansa negotiating state aid for ailing airline

The Eagle Online by The Eagle Online
April 3, 2020
in Business, Economy
1 min read
0
Lufthansa plans to hire over 3,000 new staff in 2017
Share on FacebookShare on TwitterWhatsApp

RelatedPosts

Oyo completes phase I of COVID-19 vaccine distribution

COVID-19: After seven days of no fatality, Nigeria records one death, new cases

2021 Hajj: Ogun begins vaccination of intending pilgrims

Germany’s flagship carrier Lufthansa is in negotiations with the government about possible state aid for the aviation giant which has been battered by massive cancellations, due to coronavirus outbreak.
Progress has been made in the talks and a decision should soon be made, government sources told dpa on Friday.
Lufthansa confirmed that negotiations were underway about different forms of state involvement in the corporation.
However, a spokesperson declined to provide details.
Lufthansa operates airlines in Germany, Austria, Switzerland and Belgium.
Its most significant asset is its Lufthansa core brand in Germany, which is responsible for nearly half of the corporation’s revenue.
Lufthansa was fully privatised in 1997, while its chief executive, Carsten Spohr, ruled out a nationalisation in an interview with the Spiegel news magazine.
He said the focus of any state aid would be on retaining the company’s capacity to make decisions and act.
The Lufthansa group is currently only offering around five per cent of its normal flights because so few people are flying due to the coronavirus pandemic.
Approximately 700 of its 760 aeroplanes are grounded.
The corporation has announced that it is planning to reduce the working hours for around two-thirds of its employees around the world, amounting to 87,000 people.
dpa/NAN.

Tags: AidairlinesCoronavirusCOVID-19GermanyLufthansa
Share27Tweet17SendShare7

Related Posts

South-West leaders converge on Ibadan over insecurity

Oyo completes phase I of COVID-19 vaccine distribution

April 11, 2021
Several Chelsea players test positive for COVID-19 – Media reports

COVID-19: After seven days of no fatality, Nigeria records one death, new cases

April 10, 2021
2019 hajj: NAHCON approves N1.5m fare for Kwara pilgrims

2021 Hajj: Ogun begins vaccination of intending pilgrims

April 9, 2021
NGE seeks electoral reforms to improve conduct of polls

NAPHARM, Editors sensitise Nigerians about COVID-19 vaccines

April 9, 2021
Nigeria, largest economy in Africa – UAE

FG restates commitment to lift Nigeria out of poverty

April 8, 2021
French Open delayed by one week

French Open delayed by one week

April 8, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.




COVID-19 Update

Oyo completes phase I of COVID-19 vaccine distribution

COVID-19: After seven days of no fatality, Nigeria records one death, new cases

2021 Hajj: Ogun begins vaccination of intending pilgrims

NAPHARM, Editors sensitise Nigerians about COVID-19 vaccines

FG restates commitment to lift Nigeria out of poverty

Most Read

  • Driver organises kidnap of his bank bosses, makes N15m from three operations + Photos

    Driver organises kidnap of his bank bosses, makes N15m from three operations + Photos

    226 shares
    Share 90 Tweet 57
  • US raises alarm over visa fraud

    215 shares
    Share 86 Tweet 54
  • 17 suspected cultists nabbed in Abuja, guns, bullets, others recovered

    128 shares
    Share 51 Tweet 32
  • Gunmen attack traditional ruler in Ekiti

    126 shares
    Share 50 Tweet 32
  • Obaseki: FG printed N60b to augment March allocation, debt will be over N16t soon

    124 shares
    Share 50 Tweet 31
  • Primate Ayodele to new IGP: Put God first

    115 shares
    Share 46 Tweet 29

Ease Slash

Subscribe to Our Newsletter

Check your inbox or spam folder to confirm your subscription.




https://theeagleonline.com.ng/wp-content/uploads/2020/05/VID-20200510-WA0000.mp4

Chat with us now

Most Commented

    Latest

    South-East Governors set up joint security outfit, ban open grazing

    South-East Governors set up joint security outfit, ban open grazing

    April 11, 2021
    EPL: West Ham survive Iheanacho’s scare

    EPL: West Ham survive Iheanacho’s scare

    April 11, 2021
    Two women arrested over death of 64-year-old man in Lagos

    Two women arrested over death of 64-year-old man in Lagos

    April 11, 2021
    Bankers, judges, others to discuss new normal at national seminar — CIBN

    Let your word be your bond, CIBN boss charges Ecobank management trainees

    April 11, 2021
    APGA chieftain in Anambra defects to APC

    Ramadan: APC distributes 130 trucks of food items in Zamfara

    April 11, 2021




    • Home
    • News
    • Sport
    • Politics
    • Column
    • Business
    • Life & Style
    • Entertainment
    • Advert Rates
    • Contact Us

    © 2020 Premium Eagle Media Limited.

    No Result
    View All Result
    • Home
    • News
    • Sport
    • Politics
    • Column
    • Business
    • Life & Style
      • Crime
      • R&D Health
      • Diet and Fitness
      • Intimacy
    • Entertainment
      • Photos
      • Fashion
      • Movies
      • Music
    • Advert Rates
    • Contact Us

    © 2020 Premium Eagle Media Limited.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.