Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Although Lufthansa is reporting a higher than expected first quarter loss, the airline remains confident for the summer season and possible ITA Airways deal.
The restructuring measures include a debt write-off of €49.53 million corresponding to the rescue aid amount, and a capital injection of €45.77 million.
