It’s a record of horror! Lufthansa had to cancel thousands of flights since March 19 due to the Corona epidemic. A maximum of 100 flights from Germany’s largest airline still take off per week – normally there are 3,000 a day.
DAS has serious consequences for the crane airline: In the first quarter, it posted a loss of 1.2 billion euros. The group’s reserve has recently melted by one million euros every hour!
Christine Behle (51), Verdi Vice and Lufthansa Supervisory Board, therefore warned on Friday of the group’s exit: “Lufthansa has no chance without public money,” Behle told BILD.
Is LUFTHANSA REALLY BROKEN NOW?
At least Lufthansa can hope for help from the federal government, according to BILD information! The importance of the company for the whole of Germany is too great to let it go under. The airline is said to survive the corona crisis.
According to BILD information, Chancellor Merkel (65, CDU) is planning a top crisis meeting with the responsible ministers Altmaier (61, CDU, economics), Scholz (61, SPD, finance), Scheuer (45, CSU, transport) and Lufthansa boss Carsten Spohr (53).
An industry insider about BILD: “The negotiations behind the scenes are only about the question of how the federal government gets involved – no longer about whether.” In plain language: An aid package with tax money is already in preparation.
But one thing is already certain: the crane will have to let go! At an internal conference call, Lufthansa boss Carsten Spohr (53) swore his employees to hard times yesterday afternoon: Due to the corona crisis, the airline will reduce its fleet by 100 aircraft (previously: 763 aircraft). Jobs are also being cut: at least 10,000 of the 130,000 employees have to leave!
The state money for the airline rescue is to come from the billion-dollar Economic Stabilization Fund (WSF), which the federal government has launched. Spohr does not want to express himself publicly.
It is still unclear whether the federal government will only become a silent partner in the group or whether it will receive a share package and thus a seat on the supervisory board. This would partially nationalize the airline.
SPD parliamentary group leader Rolf Mützenich (60) calls for a “say” should state money flow. According to BILD, the Union also does not want any state participation.
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