EU Commission approves a €460 million Brussels Airlines bailout

The EU Commission has approved a €460 million ‘Stablisation Package’ for Lufthansa Group carrier Brussels Airlines. The Belgian government and Lufthansa have reached agreement on a bailout package of €290 million from the country’s  government and €170 million from the German carrier for its wholly-owned subsidiary Brussel Airlines. In a statement announcing the news Brussels Airlines said that this package would secure tens of thousands of jobs which are directly and indirectly linked to the firm. “Just like in the past, Brussels Airlines can also in future count on the support of its mother company Lufthansa. In the last years Lufthansa