Lufthansa's fate in the hands of shareholders says CEO

Lufthansa's fate in the hands of shareholders says CEO

German airline Lufthansa's CEO, Carsten Spohr, pleads with shareholders to save the company. Lufthansa is poised to clear a key shareholder vote on its nine billion euro state rescue comprising a cash injection of six billion euros and three billion euros in public loan guarantees, boosted by the EU's green light and the last-minute backing of a billionaire investor who has the power to veto the plan.


User: Manila Bulletin

Views: 1

Uploaded: 2020-06-25

Duration: 01:28