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DLAKF - Deutsche Lufthansa: The Strongest Airline In A Distorted European Air Travel Market
Deutsche Lufthansa AG
Back in May, we wrote an article about Deutsche Lufthansa (DLAKY) (DLAKF), where we stated that the airline will survive the pandemic. In late June, Lufthansa shareholders finally approved the bailout package that was proposed by the German government and it's now certain that the company is not going to become bankrupt. While the state aid diluted the existing shareholders since the German government got 20% of the company, investors were able to save their investments in Lufthansa. With enough liquidity, Lufthansa is able to operate at a loss, wait for