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Lufthansa's Austrian unit submits application for state aid of 767 million euro - Metro US

Lufthansa’s Austrian unit submits application for state aid of 767 million euro

FILE PHOTO: The spread of the coronavirus disease (COVID-19) in Frankfurt

VIENNA (Reuters) – Lufthansa’s <LHAG.DE> Austrian unit AUA said on Tuesday it has applied for state aid of 767 million euro ($831 million).

“I can confirm that we have submitted an official application for state aid,” said a spokesman for Austrian Airlines.

A large part should be repayable loans and the remainder grants which are still under negotiation, he said.

(Reporting by Alexandra Schwarz-Goerlich; Editing by Chris Reese)

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