Lufthansa's fate in the hands of shareholders says CEO
- 4 years ago
German airline Lufthansa's CEO, Carsten Spohr, pleads with shareholders to save the company. Lufthansa is poised to clear a key shareholder vote on its nine billion euro state rescue comprising a cash injection of six billion euros and three billion euros in public loan guarantees, boosted by the EU's green light and the last-minute backing of a billionaire investor who has the power to veto the plan.