The German aviation group Lufthansa received harsh criticism from the German government on Wednesday for a plan to pay bonuses to directors.
The group had to be saved from collapse during the corona crisis with financial support from the government.
According to a spokesman, the government would like to see it differently that Lufthansa still wants to hand out millions in bonuses. According to him, this is contrary to the existing agreement. The government will therefore discuss the plans with the company. The spokesman indicates that “interesting legal issues need to be clarified”.
Lufthansa suffered huge losses in 2020 and last year due to much less flying due to the corona pandemic. The company received 9 billion euros from a government support fund to avert bankruptcy. As a result, the government became 20 percent owner. Lufthansa has since repaid the loan, and the German government has sold its shares in the company.
Business newspaper Handelsblatt wrote earlier this week that senior executives of Lufthansa could expect millions of bonuses for 2021 and 2022. Lufthansa’s supervisory board had permitted this, even though some employee representatives voted against it.
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