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Austrian government decides to take over Austrian Airline's debtVienna - Austria's government decided Tuesday to take over debts worth 500 million euros (657 million dollars) of Austrian Airlines AG, as one of the necessary steps to complete the carrier's takeover by Deutsche Lufthansa AG. In addition, the govern... ... |
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Lufthansa signs deal to take over Austrian Airlines - UpdateVienna - Lufthansa AG on Friday signed a deal in Vienna to buy 41.65 per cent of Austrian Airlines from Austria's state holding OeIAG, creating Europe's biggest airline. The debt-ridden flag carrier will be sold for the token price of 366,000 euros (... ... |
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Austrian Airlines triples expected losses, needs interim financingVienna - Austrian Airlines AG announced Friday that its losses for 2008 would amount to up to 415 million euros (538 million dollars), more than triple the previously forecast net loss of 125 million euros. The Austrian flag carrier that is expected ... ... |
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Lufthansa takeover of Austrian Airlines likely in DecemberVienna - The takeover of Austrian Airlines AG by Deutsche Lufthansa AG is expected to be concluded by the end of the year, the Austrian state holding OeIAG announced Thursday. Since Air France-KLM and Russian carrier S7 did not submits offers conform... ... |
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Lufthansa takeover of Austrian Airlines likely in December - SummaryVienna - The takeover of ailing flag carrier Austrian Airlines AG by Deutsche Lufthansa AG is expected to be concluded by the end of the year, Austrian state holding OeIAG announced Thursday. Since Air France-KLM and Russian carrier S7 did not submit... ... |
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State to support Austrian Airlines with 500 million eurosVienna - Austrian Airlines AG will receive up to 500 million euros (625 million dollars) from its public owner after closing a deal to privatize the ailing flag carrier, the Austrian government decided Wednesday. Deutsche Lufthansa AG and Russian dom... ... |
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