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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:

  1. How will the airline group raise the money to repay this bailout?
  2. What does Lufthansa avoid with full repayment?
  3. What are the expectation of the airline for the number of passengers over the next few months?
  4. 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)