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Lufthansa completed Austrian Airlines' takeover

Cologne, Germany - The German carrier acquired 90% of the shares

Lufthansa, Austrian Airlines and Austrian industry-holding stock corporation (OIAG) today completed the take over of Austrian Airlines by Lufthansa. All conditions precedent of the transaction have been duly fulfilled. Austrian Airlines will therefore become part of the Lufthansa Group as of this month. The European Commission had previously given the green light for the merger of Lufthansa and...

AVIONEWS - World Aeronautical Press Agency - 1108867
Rome, Italy, 09/03/2009 13:10
AVIONEWS - World Aeronautical Press Agency

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