Lufthansa Group losing EUR1m in liquidity every hour: CEO

8 April, 2020

Lufthansa Group chairman and CEO Carsten Spohr, in a staff conference call, said the company is losing around EUR1 million of its liquidity reserve every hour as a result of the coronavirus outbreak (dpa, 08-Apr-2020). Referring to seeking state aid in Lufthansa Group's other German-speaking markets, Mr Spohr said he is "optimistic that the talks in Bern, Berlin, Brussels and Vienna will lead to good and positive results".