(Bloomberg) — Deutsche Lufthansa AG faces one of the most momentous weeks in a near 70-year history, with a clash between its biggest investor and the German government threatening to scupper a 9 billion-euro ($10 billion) bailout and push Europe’s biggest airline toward collapse.With Lufthansa fighting for survival after the coronavirus outbreak punctured a decades-long global travel boom, billionaire Heinz-Hermann Thiele is threatening to block the rescue plan — which would dilute his holding and influence — at a virtual shareholder meeting Thursday.Thiele is set to make his case to Lufthansa Chief Executive Officer Carsten Spohr and the two German …read more
Source:: Yahoo Finance
