Hengeler Mueller, Freshfields Bruckhaus Deringer, Clifford Chance, Hogan Lovells and Linklaters are among the firms that advised on the hard-won €9 billion ($10.2 billion) bailout of Lufthansa, the world’s third-largest airline by revenue.
Lufthansa has struggled as global air travel was reduced in response to the COVID-19 pandemic, resulting in a first-quarter loss of €2.1 billion. While companies such as Adidas, the German sporting-goods maker, have also received assistance from the German government’s COVID-19 loan program, the airline’s loan is the biggest yet.
