April 27, 2020 / 11:51 AM / a month ago

Lufthansa should be supported but not nationalised - Bavarian premier

FILE PHOTO: Bavarian State Prime Minister Markus Soeder chairs the cabinet in the bigger Kuppelsaal hall to keep the required distance between ministers during their meeting in Munich, Germany, April 21, 2020, as the spread of the coronavirus disease (COVID-19) continues. Sven Hoppe/Pool via Reuters

MUNICH (Reuters) - The German government should support Lufthansa (LHAG.DE) as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday.

“Lufthansa should not be nationalised,” said Soeder - head of the Christian Social Union (CSU), sister party to Chancellor Angela Merkel’s Christian Democrats (CDU).

Soeder added that the government should be a silent partner in the airline rather than a shareholder and should exit soon after the crisis.

Reporting by Joern Poltz; Writing by Riham Alkousaa; Editing by Michelle Martin

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