Lufthansa Supervisory Board postpones decision on convocation of General Meeting

WEBWIRE

At its assembly these days, the Supervisory Board of Deutsche Lufthansa AG talked about the acceptance of the stabilization package deal provided by the Economic Stabilization Fund (WSF) of the Federal Republic of Germany, like the needed convocation of a Common Assembly. 

The Supervisory Board has taken note of the circumstances now indicated by the EU Commission. They would direct to a weakening of the hub operate at Lufthansa’s house airports in Frankfurt and Munich. The resulting economic impression on the business and on the planned reimbursement of the stabilization actions, as nicely as doable option situations, will have to be analyzed intensively. 

Towards this history, the Supervisory Board was not able to approve the stabilization package deal in link with the EU circumstances. However, the Supervisory Board continues to regard WSF stabilization actions as the only feasible option for retaining solvency.

Deutsche Lufthansa AG will not convene an Amazing Common Assembly for the implementation of the stabilization actions for the time staying.

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