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Frankfurt / Main (dpa) - After what was probably the most difficult financial year in the company's history, the Lufthansa Executive Board will appear before the shareholders today.

At the Annual General Meeting, which was once again only held on the Internet, the record loss of 6.7 billion euros from the previous year is up for discussion, as is the course from the Corona crisis.

In view of the still low air traffic, there should again not be a dividend for the shareholders.

After the rescue with 9 billion euros in government aid, the group is fighting for its independence.

The board wants to obtain a reserve resolution from the owners in order to be able to raise up to 5.5 billion euros of new equity at an as yet unknown point in time, which would dilute the shares of the previous owners.

Before the shareholders' meeting, the mutual fund company Union Investment and environmentalists called for greater efforts to reduce the environmental pollution caused by flying.

The current and future staff reductions also met with criticism.

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© dpa-infocom, dpa: 210503-99-452352 / 3

Lufthansa Annual Report 2020

Announcement Lufthansa Q1 / 2021

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Interim report Lufthansa Q1 / 2021

Questions umbrella association critical shareholders and BUND