(Bloomberg) — The German government settled a dispute with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the carrier to accept the rescue package.After intensive talks, the commission and the German government agreed that Lufthansa will reduce the number of aircraft it keeps at Frankfurt and Munich airports. Lufthansa in a statement said it would surrender up to 24 takeoff and landing slots, making room for new competitors at each hub.The compromise wraps up a nail-biter of a week with Lufthansa’s future in the balance. Germany on Monday offered Lufthansa …read more
Source:: Yahoo Finance
