Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission about possible conditions.
It’s been over a year since Lufthansa first went public with its interest in acquiring a stake in Alitalia. Now, according to reports, the German carrier is ready to invest up to 200 million euros in the struggling Italian airline.
Lufthansa Group is moving ahead with plans for increasingly customized seating and cabins in its new 777Xs, and at the same time rolling out a new continuous pricing model that will eventually see the elimination of traditional booking classes.