financa

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 […]

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Thai Airways Debuts New Strategies to Increase Revenue

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]

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Thai Airways Debuts New Strategies to Increase Revenue

Following the report of a huge loss in the second quarter, the state run Thai Airways has announced some new strategies. Earlier, Thai Airways reported a loss of $221 million for April to June, a 122 percent increase compared to the same period last year. The airline blamed several factors, such as a strong baht, […]

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