The La Libre newspaper reported Friday, quoting unnamed Lufthansa sources, that the airline may let its Belgium subsidiary Brussels Airlines go bankrupt or sell it.
Brussels Airlines, which employs 4,200 people, said last month that it would cut its fleet of aircraft by 30% and the workforce by a quarter to ensure it can continue through and after the Corona virus crisis.
Talks to save the Belgian airline have been stalled for weeks, but Lufthansa managers, who will themselves receive financial rescue from the German government, will meet with Brussels Airlines on Monday to discuss a plan for the airline's future.
A Lufthansa spokesman declined to comment.
The Belgian government said last month that it was committed to reaching an agreement worth 300 million euros (336 billion dollars) with Lufthansa to save Brussels Airlines if its future was guaranteed.
