Lufthansa’s Austrian unit submits application for state aid of 767 million euro

VIENNA (Reuters) – Lufthansa’s Austrian unit AUA said on Tuesday it has applied for state aid of 767 million euro ($831 million).

“I can confirm that we have submitted an official application for state aid,” said a spokesman for Austrian Airlines.

A large part should be repayable loans and the remainder grants which are still under negotiation, he said.

(Reporting by Alexandra Schwarz-Goerlich; Editing by Chris Reese)