The Austrian government's effort to privatize Austrian Airlines Group hit a snag as Air France KLM withdrew its interest while Lufthansa and S7 Airlines declined to make formal bids by yesterday's deadline and requested more time. State holding company OIAG had intended to announce the winning bidder on Oct. 27 and had targeted the end of the month to find a buyer for its 42.75% stake (ATWOnline, Sept. 12), with the Franco-Dutch, German and Russian companies emerging as frontrunners. An AF ...
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