Lufthansa Systems' e-ticketing solution was selected by Austrian Airlines. Separately, Austrian said it reduced the capital of its Lauda Air subsidiary from €24.7 million ($31.9 million) to €100,000 to reflect integration of Lauda's technical division and flight operations into the group. As a result, Lauda acts more or less as a marketing company for leisure flights.

Subscribe to Access this Entire Article

"Other News - 04/07/2005" 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? ATWPlus@penton.com.