LTU Moves Closer To Capital Injection
Germany's struggling leisure carrier LTU International Airways is understood to be close to securing a EUR200 million (US$249.5 million) capital injection that could be used to refinance EUR70 million in debt and to fund continued operations. The airline confirms it is in negotiations to finalize...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.