Deutsche Lufthansa AG (LHA.DE)
- Reuters
Lufthansa suspends flights to Tel Aviv through Friday
German airline Lufthansa on Thursday said it was suspending all flights to Tel Aviv through Friday, May 14, due to an escalating conflict in Israel. "Lufthansa is closely monitoring the current situation in Israel and continues to maintain a close exchange with the authorities, security service providers and our own staff on the ground," the company said in a statement. Lufthansa said it expected flights to Israel to resume on Saturday, May 15.
- Yahoo Finance UK
Travel stocks slump as most holiday destinations still not on green list
From 17 May, Britons traveling to green list nations don’t need to quarantine when they return to the UK unless the COVID-19 test they take on or before day two after their return is positive.
- Reuters
Exclusive: Lufthansa aims for 3 billion euro capital increase to repay bailout - sources
Lufthansa is working with Deutsche Bank and Bank of America to sound out investors about a capital increase worth roughly 3 billion euros ($3.7 billion), possibly as soon as June, people close to the matter said. The final size and timing of the rights issue to repay state aid Lufthansa received during the pandemic will be subject to market conditions and the German airline is expected to opt for a June/July or September/October window, the people said. Lufthansa and the banks, the lead advisers on the deal, declined to comment.
