In addition to loan guarantees and non-repayable grants amounting to EUR 500 million, there should also be a capital grant. That is why Lufthansa chief Carsten Spohr is with Federal Chancellor Sebastian Kurz in Vienna.
Vienna. On Tuesday evening, AUA, which belongs to Lufthansa, submitted the long-awaited official application for state aid to the domestic corona aid financing agency Cofag. In total, this is a total of EUR 767 million that the company is requesting. Time is of the essence for the AUA, as money is likely to run out in the course of May. Tomorrow, Thursday, the auditors will prepare a survival forecast. If this turns out negative, the insolvency scenarios that have already been played through would have to be specified.
–
