ABU DHABI/GULF TIME The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved …
Read More »Lufthansa warns of cash crunch as talks drag on
Bloomberg Deutsche Lufthansa AG risks running low on cash within weeks, with the German airline saying the global oil rout has deepened its distress, and its survival now depends on a multibillion-euro bailout from four states. Liquidity will fall sharply if Europe’s largest carrier is unable to soon access aid, Lufthansa said. The coronavirus pandemic has forced the sprawling airline …
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