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AUSTRIAN AIRLINES (2): LAUDA TO STAY CHIEF EXECUTIVE OF LAUDA AIR ITALY

AUSTRIA, Niki Lauda, three times Formula One world champion racing and founder of Lauda Air, who was set apart becuase of the high financial loss of the airline, USD 34 million, said he would stay on as chief executive of Lauda Air Italy. He also demanded to keep on being a pilot of the carrier but Austrian Airlines opposed. Lauda recently opposed plans by Austrian management to integrate...

AVIONEWS - World Aeronautical Press Agency - 4519
Rome, Italy, 11/27/2000 18:21
AVIONEWS - World Aeronautical Press Agency

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