Reuters exclusively reports Lufthansa is aiming for 3 billion euro capital increase to repay bailout

Reuters exclusively reported that Lufthansa is working with Deutsche Bank and Bank of America to sound out investors about a capital increase worth roughly 3 billion euros. 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, sources told Reuters.