LH reaches accord with EC on Austrian deal, still targeting 2009 operating profit

Lufthansa yesterday said it reached "material agreement" with EU regulators on its proposed takeover of Austrian Airlines Group, but airline officials declined to reveal details as they announced LH's 88.4% year-over-year second-quarter profit drop to €40 million ($56.5 million). Speaking on a...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.