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  • German airline giant Lufthansa said Thursday the group was in "intensive negotiations with the governments of its home countries... to sustainably secure the group's solvency", as it reported a 1.2-billion-euro operating loss in the first quarter. "The business outlook, existing multi-billion liabilities related to trade payables and refunds of cancelled tickets as well as upcoming repayments of financial liabilities" meant the group, which also includes Austrian and Brussels Airlines and Swiss, would need state bailouts, Lufthansa said, adding it was "confident" of an agreement with national capitals. tgb/hmn/jh
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  • Lufthansa seeks state aid to secure 'solvency': statement
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