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LAUDA AIR: NIKI LAUDA RESIGNED

VIENNA, Niki Lauda, president and founder of Lauda Air, resigned today. The ex pilot of formula one race decided to quit after Austrian Airlines, which owns 36% of Lauda Air, considered him responsible for the airline's financial crisis and was aming at dismissing him. The airline is expected to officially announce the resignation.

AVIONEWS - World Aeronautical Press Agency - 4298

AVIONEWS - World Aeronautical Press Agency
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