Lufthansa in talks for multi-billion euro state aid package

Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded 95% of its fleet due to the coronavirus pandemic, according to Reuters. The government and airline are discussing loans as well as a possible equity investment as Lufthansa grapples to cope with Berlin’s order to all but halt its operations, Reuters said. According to Reuters, Lufthansa is working with banks including Deutsche Bank in its talks with the German government and state bank KfW, the people said. Goldman Sachs had been expected to secure a