Lufthansa balks at EU conditions for German aid package

A big white jet with blue tail surrounded by cargo carts on the ground.

Deutsche Lufthansa AG’s board of directors postponed a decision to accept a $9.8 billion economic relief package from the German government after European Union competition authorities said the airline would have to relinquish valuable slots at its hubs in Frankfurt and Munich.

Giving up takeoff and landing slots would harm the company’s hub-and-spoke business model and finances, the board said in a statement on Wednesday. Nonetheless, it continues to regard Germany’s “stabilization measures as...

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