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COVID-19: the European Commission gives green light to Lufthansa's recapitalisation

30/06/2020

The European Commission approved, on 25 June 2020, the recapitalisation by the German State of Deutsche Lufthansa AG (“DLH”), the parent company of Lufthansa Group, with a budget of EUR 6 billion. The measure is based on the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak. The support measure is in addition to the German State guarantee on a EUR 3 billion loan granted to DLH and approved by the Commission in March 2020.

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Authors

Portrait ofAnnabelle Lepièce
Annabelle Lepièce
Partner
Brussels
Portrait ofMarie Vandenneucker
Marie Vandenneucker
Associate
Brussels