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Austrian Airlines on the green light by EU Commission on its purchase by Lufthansa

Vienna, Austria - AA will improve its own economic position both in revenues and long term costs

"The EU Commission announced that it has reached an agreement with Deutsche Lufthansa AG on the takeover of Austrian Airlines Group. This means an important remaining obstacle to the successful conclusion of the future partnership has been overcome. At the same time we have received clear signals that a positive decision is forthcoming in the financial aid proceeding. It is therefore highly probable...

fra/pec - 1107997

AVIONEWS - World Aeronautical Press Agency
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