Lufthansa AG is launching a capital increase worth ($2.51 billion) as the German airline looks to strengthen its equity position.
The gross proceeds will be used to repay EUR1.5 billion of Lufthansa’s participation in Germany’s Economic Stabilization Fund.
Ryanair plans to carry 225m passengers by 2026 in a grand Covid rebound.
Europe’s largest low-cost carrier last week abruptly ended talks with Boeing over a new order of the 737 MAX jets, due to differences over price.
Timestamps:
- LHA 01:50
- RYA 03:30
