Austrian Needs More Than €1 Billion If Lufthansa Deal Falls Through
Austrian Airlines would need in excess of €1 billion (US$1.4 billion) in state aid to fund further restructuring if the planned takeover by Lufthansa fails. The airline’s Co-CEO Peter Malanik told shareholders at the annual assembly in Vienna that Austrian would eventually still need another buyer...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.