Deutsche Lufthansa AG plans to raise 2.14 billion euros ($2.5 billion) through a heavily discounted share sale as it strives to repay a German government coronavirus bailout.
Questions:
- How will the airline group raise the money to repay this bailout?
- What does Lufthansa avoid with full repayment?
- What are the expectation of the airline for the number of passengers over the next few months?
- What has happened to Lufthansa’s stock over the last year?
Source:
Wilkes, W. and J. Bowker . (2021). Lufthansa to Raise $2.5 Billion to Repay State Bailout Funds. Yahoo! Finance.com, Sep. 20 (Retrievable online at https://finance.yahoo.com/news/lufthansa-raise-2-14-billion-170413598.html)