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Bloomberg
Deutsche Lufthansa AG has applied for German subsidies to offset wages of some 31,000 workers that have been idled because the airline has largely grounded its fleet.
The so-called Kurzarbeit programme affects cabin crew and ground staff, a spokesman confirmed to Bloomberg News by email. The company is in talks with its pilots union about similar measures, with a solution “on its wayâ€, the spokesman said.
The programme is meant to offset wages lost when companies are forced to temporarily halt activities. It’s one way Germany is helping companies including Lufthansa, the country’s biggest airline, to get through the coronavirus crisis.
Airlines worldwide face $252 billion in lost revenue this year because of the pandemic, the IATA said.