After its capital increase, Lufthansa repaid part of the billions in government aid from Germany as planned. This concerns the claimed part of the first silent contribution of the Economic Stabilization Fund (WSF) of 1.5 billion euros, the group announced on Monday evening. By the end of the year Lufthansa wants to repay the second silent contribution of one billion euros and cancel the unused part of the first contribution.
Frankfurt / Main - With the help of the WSF, the federal government saved Lufthansa from economic collapse during the Corona crisis after the flight business had almost completely collapsed.
Together with Austria, Belgium and Switzerland - where the group subsidiaries Austrian Airlines, Brussels Airlines and Swiss are based - the Federal Republic provided nine billion euros for this.
Lufthansa never used them in full.
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Lufthansa: capital increase to repay state aid
Lufthansa wants to bring the repayment of the state aid under the roof with the current federal government.
For this, the group, which was shaken by the Corona crisis, has to raise billions.
Lufthansa: capital increase to repay state aid
Lufthansa: capital increase for state aid repayment
In the Corona crisis, Lufthansa had to be saved from crashing with taxpayers' money in the billions.
Now the group is starting to get out of the state.
Lufthansa: capital increase for state aid repayment
Lufthansa: capital increase for state aid repayment
In the Corona crisis, Lufthansa had to be saved from crashing with taxpayers' money in the billions.
Now the group is starting to get out of the state.
Lufthansa: capital increase for state aid repayment
The group had already repaid a loan from the KfW state bank.
By issuing new shares, Lufthansa has now collected a gross amount of 2.16 billion euros in order to be able to redeem further aid.
dpa