Lufthansa has secured a €9 billion state rescue deal from the German government for a 20% stake in the company.
The German government will have limited voting rights, and two seats on the supervisory board of the firm.
The German Finance and Economy Ministries said Lufthansa was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good future prospects, but had got into trouble due to the pandemic.
"The federal government's stabilisation package takes account of the needs of company as well as those of the taxpayers and the employees of the Lufthansa Group, who depend on the preservation of a strong company," the ministries said in a joint statement.
Shares in Lufthansa rose by 5.9% after an agreement was reached on the rescue package.
Earlier today, the company announced that it will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman has said.
The destinations include Mallorca, Crete, Rhodes, Faro, Venice, Ibiza and Malaga, the spokeswoman said, adding flights would depart from the airline's main hub in Frankfurt.
Further destinations will be unveiled at the end of next week, she said.
The flight expansion comes less than two weeks after Lufthansa unveiled plans to resume flights to destinations including Los Angeles, Toronto and Mumbai from June.
It is starting to restore business that was virtually shut down by the Covid-19 crisis.