Lufthansa should be supported but not nationalised: Bavarian premier

Lufthansa should be supported but not nationalised: Bavarian premier

The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday.

FILE PHOTO: Planes of German carrier Lufthansa parked on a closed runway at Frankfurt airport
FILE PHOTO: Planes of German carrier Lufthansa parked on a closed runway at Frankfurt airport, Germany, March 23, 2020, as the spread of the coronavirus continues. REUTERS/Kai Pfaffenbach

MUNICH: The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday.

"Lufthansa should not be nationalised," said Soeder - head of the Christian Social Union (CSU), sister party to Chancellor Angela Merkel's Christian Democrats (CDU).

Soeder added that the government should be a silent partner in the airline rather than a shareholder and should exit soon after the crisis.

(Reporting by Joern Poltz; Writing by Riham Alkousaa; Editing by Michelle Martin)

Source: Reuters

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