Lufthansa says Bern to offer 1.2 bn-euro state-backed loan to Swiss subsidiaries

German airline giant Lufthansa said Wednesday that Bern had agreed to offer state-backed loans of around 1.2 billion euros to the company's subsidiaries Swiss and Edelweiss, as the group struggles to stay solvent amid the coronavirus pandemic. The two Switzerland-based carriers "will receive guarantees from the Swiss Confederation for...

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