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AUSTRIAN AIRLINES TO BUY LAUDA AIR SHARES FROM LUFTHANSA
WAPA-VIENNA, AUSTRIA, Austrian Airlines announced that, within a project of reform of Lauda Air, intends to buy its shares owned by Lufthansa, which has the 20% of Lauda Air. The carrier founded by the ex formula one pilot Niki Lauda is in a difficult period because of the losses reported in last year's balance. In this way Austrian Airlines will own 56% of Lauda Air, that means its majority, and it...
AVIONEWS - World Aeronautical Press Agency