Germany: Lufthansa employees demonstrate in front of Berlin Brandenburg Gate

Dozens of Lufthansa employees demonstrated in Berlin on Wednesday to show their support for the rescue package plan, proposed by the German Federal government to save the air-company from bankruptcy. Cabin crew members, pilots and ground service members gathered in front of the iconic Brandenburg Gate with placards supporting the rescue package, hoping it'll save Germany's biggest air carrier, which was severely hit by the COVID-19 lockdown. Similar demonstrations, appealing first of all to the company's shareholders, also took place in Frankfurt, Munich and Hamburg. At least 22,000 jobs are at stake. Lufthansa shareholders are expected to convene for the decisive annual general meeting on Thursday, June 25, to vote on the 9 billion euros (10.2 billion dollars) state aid package for federal capital participation. The largest German airline and second-largest in Europe in terms of passenger numbers has experienced almost zero traffic due to the coronavirus pandemic and is facing insolvency and drastic job cuts if the bailout is not accepted. The plan has to be approved by the shareholders with a two-thirds majority. German billionaire Heinz Hermann Thiele, who has a 15.5 percent stake in Lufthansa alone, already spoke against the offer and may block the rescue at the Thursday meeting.
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