Germany to Take Lufthansa Stake With $9.8 Billion Coronavirus Aid

Germany to Take Lufthansa Stake With $9.8 Billion Coronavirus Aid

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Business, Architecture

University

Hard

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The transcript discusses the challenges Lufthansa faces in securing a €9 billion bailout, which requires EU approval. The EU demands Lufthansa surrender key flight slots to maintain fair competition, as the airline's dominance in Germany is significant. The German government, led by Angela Merkel, is under pressure to comply with EU demands despite concerns. The financial viability of Lufthansa is uncertain, with questions about the return of business and the necessity to repay the bailout funds.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern of the EU regarding Lufthansa's bailout?

Lufthansa's financial stability

Unfair advantage over competitors

Environmental impact

Employee layoffs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which airline is particularly unhappy about the Lufthansa bailout?

British Airways

Ryanair

EasyJet

Air Berlin

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might Lufthansa have to give up as part of the EU's demands?

Flight slots

Headquarters

Employees

Aircraft

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major uncertainty facing Lufthansa's future?

Hiring new staff

Availability of new aircraft

Expansion into new markets

Return of long-haul travel

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the German state plan to do with its stake in Lufthansa?

Increase its investment

Withdraw in the future

Maintain it indefinitely

Transfer it to another airline