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Augsburg Airways faces uncertain future

Regional carrier Augsburg Airways (IQ) faces an uncertain future if no investor or strategic partnership could be found.

Augsburg Airways E-190. By Kurt Hofmann Regional carrier Augsburg Airways (IQ) faces an uncertain future if no investor or strategic partnership can be found. Lufthansa (LH) has ended its wet-lease cooperation with IQ from October 2013, as part of its €1.5 billion ($1.9 billion) cost-cutting program SCORE, to focus its regional feed exclusively on subsidiaries LH CityLine and Air Dolomiti (ATW Daily News, Oct. 31). But the agreement had been essential for IQ. According to ...

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