The European Commission extended the deadline of its investigation into the takeover of Austrian Airlines Group by Lufthansa by at least 14 days, or up to a maximum 90 days although a decision is expected to come in about two weeks. Sources close to both AAG and the Austrian government told ATWOnline that a 20% reduction in Austrian's capacity may be a condition for approval and would be acceptable. The airline is considered to be too large for its home market, with or without Lufthansa. "If ...

Subscribe to Access this Entire Article

"EC extends Austrian/Lufthansa investigation; focus is on concessions" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.