Frankfurt (dpa) – Lufthansa confirmed on Thursday that it is in talks with the German government regarding a bailout package of 9 billion euros (9.7 billion dollars).
In exchange for the stabilization package, the federal government has proposed taking a stake in the company of up to 25 per cent plus one share, the airline stated in a regulatory release, as well as one seat on the supervisory board.
A waiver of future dividend payments is also being discussed.
Lufthansa emphasized that the negotiations were ongoing.
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