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A Lufthansa A340-300 (Photo: AirlineGeeks | William Derrickson)

Lufthansa Shareholders Agree to $10.1 Billion Government Bailout

Deutsche Lufthansa AG shareholders have agreed to support a bailout package from the German government which will assist the airline group to survive in a post-COVID environment. At the ‘Extraordinary General Meeting’ held on Thursday, the €9 billion ($10.1 billion) package which gives the government a 20% stake and two seats on the board was met with approval by 98% of those who voted in the online meeting. There had been concerns earlier in the week as to whether the…

Brussels Airlines Begins to Update Long-Haul Fleet With New A330-300s

Brussels Airlines has announced its plans to upgrade their aging fleet with modernized aircraft. The company has recently placed an order for seven new A330-300s which will replace the three A330-200s that they currently operate, which are nearing the end of their leasing period. Over the past few months, the…