Lufthansa stocks soared after billionaire investor Heinz Hermann Thiele backed a $10 billion state bailout deal
Concerned a government stake would make it harder for Lufthansa to make tough decisions about restructuring and job cuts, Thiele had instead proposed an indirect government holding in the airline via Germany’s KfW development bank.
Chief Executive Carsten Spohr said the German government did not plan to get involved in the operations of the airline.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
20 People Shared The Cringiest Things They've Seen Brides And Grooms Do At Weddings20 People Shared The Cringiest Things They’ve Seen Brides And Grooms Do At Weddings
Read more »
Jools Oliver's faith that Jamie would never cheat as they mark 20 married yearsJools had told various times that she 'knows' celeb chef Jamie wouldn't be unfaithful as the pair celebrate 20 years of married life
Read more »
Kids cloth masks: 20 reusable masks they'll actually want to wearThese washable kids masks come in adorable prints your little one will love and are specially designed to fit their smaller faces.
Read more »
These are the 20 cars with the lowest rates of driver death - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Meghan Markle's Favorite Exfoliator Is 20 Percent Off Right NowRight now, Tatcha is taking 20 percent off its popular Rice Polish Foaming Enzyme Powder, a Meghan Markle favorite, with the promo code 'SUMMER.' Shop it here.
Read more »
Almost 20 Years After ‘Legally Blonde 2,’ Reese Witherspoon and Regina King Talk About Changing HollywoodRegina King: 'One of the things about Watchmen that blew me open when I read the pilot was all of these historical things that actually happened that are within the story... How many people had never heard of Bass Reeves?'
Read more »