Lufthansa seeks new equity capital

Lufthansa seeks new equity capitalLufthansa seeks new equity capital

In a prepared speech to be delivered at the Lufthansa Group’s Annual General Meeting (AGM) later today, CEO Carsten Spohr has asked shareholders to approve a new capital increase – an Authorized Capital C – to repay taxpayer funds and strengthen its balance sheet ratio, which at the end of 2020 was 3.5. “The resolution is intended to enable us to increase our capital flexibly so that we can strengthen our balance sheet ratios again and return to our former financial stability. The timing and amount of a possible capital increase have not yet been decided. It will depend on

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