Lufthansa is locked in crunch talks with the German government on the terms of a rescue deal, as it fights to avoid bankruptcy while keeping state influence at bay.
Europe’s leading global airline group held its first virtual annual general meeting on Tuesday, unveiling a €1.2 billion ($1.3 billion) first-quarter loss and painting a bleak picture of the outlook for global aviation, which has been brought to a virtual standstill by the CCP (Chinese Communist Party) virus pandemic.
