Austria extends failed AAG sale until year end

Austrian state holding company OIAG, which owns 42.75% of the troubled flag carrier, delayed Austrian Airlines Group's privatization until year end in order to attract better offers. Lufthansa was the only official bidder as of last weekend ( ATWOnline , Oct. 24) , but it said it was willing to pay...

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.