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Lufthansa granted European Commission approval for Austrian Airlines takeover

Brussels, Belgium - Effective remedies supplied in particular on the slot congestion problem

The European Commission today approved the proposed acquisition of Austrian Airlines by the German airline Lufthansa, under the EU Merger Regulation. The decision is conditional upon the implementation of a set of remedies offered by Lufthansa to remove the Commission's competition concerns. The Commission's in-depth investigation, opened on 1 st July 2009 (see AVIONEWS), indicated that the transaction,...

AVIONEWS - World Aeronautical Press Agency - 1108675

AVIONEWS - World Aeronautical Press Agency
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