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AUSTRIAN AIRLINES EXPERTS SENT TO LAUDA AIR
AUSTRIA, Austrian Airlines have sent two expert manager to Lauda Air in order to verify present carrier situation. This occurs after removal of airline founder, F1 champion Niki Lauda, from CEO task. Austrian Airlines is looking to achieve 47% sharing in Lauda Air, coming close to airline's full control. Lauda Air declared a financial loss of USD34m for the year ended October 31.
AVIONEWS - World Aeronautical Press Agency