BERLIN (Reuters) – Lufthansa
Short-time work is a form of state aid that allows employers to switch employees to shorter working hours during an economic downturn to keep them on the payroll. It has been widely used by industry, including Germany’s car sector.
The spokesman said Lufthansa had not yet applied for state aid but was in talks with various banks and authorities about what kind of help would be possible if the airline needed it.
He said around 700 of Lufthansa’s roughly 760 planes were currently grounded.
(Reporting by Klaus Lauer; Writing by Michelle Martin; Editing by Scot W. Stevenson)

