Exclusive: Lufthansa draws up 'Plan B' to avoid insolvency - source
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FRANKFURT (Reuters) - Lufthansa has drawn up a plan to avoid insolvency should a shareholder vote on Thursday fail to approve a $10 billion (£8 billion) government bailout, a company source told Reuters on Wednesday.The German government could still get a 20% stake, as originally envisaged. But under the new plan this would happen in two steps, without the need for shareholders' approval, the source said.Germany's flagship airline has been hit hard by the COVID-19 pandemic and what promises to..