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Alba Iulia
Thursday, August 13, 2020

Airlines: What to do with the Swiss airline Swiss?

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The state aid package, which Lufthansa shareholders approved almost unanimously on Thursday, is worth nine billion euros. The largest airline in Europe is saved – and with it the subsidiary airline Swiss.

For weeks there was uncertainty about the outcome of the vote: Heinz Hermann Thiele (79), with 15 percent of the largest single shareholder in the German group, only announced his approval on the evening before the meeting. That the multi-billionaire finally agreed did not surprise the aviation expert Tim van Beveren (59): “Neither Thiele nor the German government could afford to found Lufthansa.”

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