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Lufthansa acquires Austrian Airlines

Milan, Italy - Supervisory Board of ÖIAG agrees to sale in meeting last Friday

"The Supervisory Board of ÖIAG last Friday gave a green light to the sale to Lufthansa of ÖIAG’s 41.56 percent share in Austrian Airlines. The signing of the contract took place after a meeting of the Supervisory Board of ÖIAG. The acceptance of the Lufthansa bid is the result of a bidding process launched on 13 August 2008 in accordance with EU privatisation guidelines. The process was structured and...

fra/pec - 1097562
Rome, Italy, 12/10/2008 12:06
AVIONEWS - World Aeronautical Press Agency

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