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Stabilization package of the Belgian federal government and Lufthansa pave the way for the turnaround of Brussels Airlines

Posted : 27 July 2020 07:02:35 | By TWO Bureau | GNN Bureau

Stabilization package of the Belgian federal government and Lufthansa pave the way for the turnaround of Brussels Airlines

  • Stabilization package enables Belgium’s home carrier to overcome the unprecedented crisis caused by the coronavirus pandemic and to create a sustainable future.
  • €290 million loan from the Belgian state and €170 million capital injection by Lufthansa.
  • Agreement between the Belgian federal government and Lufthansa ensures the position of Brussels Airlines as one of the hub airlines of the Lufthansa Group based in Brussels.
  • Lufthansa’s financial support allows Brussels Airlines to implement its turnaround plan and herewith to create a long-term and structurally profitable future for the company.


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Tags : #stabalization package, # brussels airline, # belgian government, # Lufthansa,


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