FRANKFURT, April 1 (Reuters) - Lufthansa LHAG.DE st
FRANKFURT, April 1 (Reuters) – Lufthansa LHAG.DE stated on Thursday it will search approval for a attainable capital improve of as much as 5.5 billion euros at its annual common assembly in Might.
The German air provider stated any proceeds of any capital improve can be primarily used to repay Germany’s Financial Stabilization Fund (WSF), which bailed out the airline final yr when the coronavirus pandemic halted international journey.
Lufthansa shares ended 3% decrease on Thursday, the worst performer of Germany’s MDAX mid-cap index.
(Reporting by Klaus Lauer; writing by Tom Sims; enhancing by Chris Reese)
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