News / Lufthansa bailout 'probably a win-win' for airline and Germany's taxpayers

26/05/2020

Lufthansa has spelled out its deal with the German government, which will see it receive a package of up to €9bn from the Economic Stabilisation Fund (WSF).

The government will enter into up to €5.7bn-worth of “silent participations” – meaning it will provide a capital deposit and participate in profits. Up to €4.7bn of the amount is classified as equity.

The government will receive 4% from its committed capital in 2020 and 2021, and 9.5% in the years up to 2027.

The WSF will ...