Lufthansa to take over Austrian Airlines - Sydney Airport Message Board

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Lufthansa to take over Austrian Airlines

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Tom Lohdan Lufthansa to take over... 6th December 2008, 03:24 PM

Grant Smith Interesting to note that the... 6th December 2008, 07:51 PM

Michael Cleary Lufthansa already owns Swiss... 7th December 2008, 02:29 PM

6th December 2008, 03:24 PM

Tom Lohdan Tom Lohdan is offline

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Lufthansa to take over Austrian Airlines

Lufthansa and Austrian Airlines have signed the contracts, that Lufthansa will take over the 40% share held by Austrian government owned ÖIAG (Austrian Industry holding) for a symbolic 366000 Euros. Austrian Airlines currently have a debth of 1 billion Euros, 500 millions of which will be covered by the Austrian government and 500 millions will have to be covered by the new owner Lufthansa.

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