Lufthansa board hopeful of securing government bailout soon

Lufthansa is hopeful that its bailout talks with the German government can be concluded soon, the airline's board told staff in a letter seen by Reuters, adding that it is also considering alternatives such as creditor protection.

"We estimate that these talks can lead to a conclusion soon," Chief Executive Carsten Spohr and board members wrote in the letter, adding that they are also checking alternative options but do not expect to need them.