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German govt to gain 25.1% stake in Lufthansa bailout: report

Lufthansa is seeking a €10 billion bailout that would give the German government a massive stake in the airline, Der Spiegel reports. The German flag carrier has said it is losing €1 million an hour due to the pandemic.
German national carrier Lufthansa is seeking a €10 billion ($11 billion) bailout that would give the German government a 25.1% stake in the company, German weekly Der Spiegelreported Friday. 

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