A first quarter that was "difficult in the extreme" ended for Austrian Airlines Group with an €88.1 million ($117.3 million) loss, widened 45.9% from the €60.4 million deficit reported in the year-ago period. The company has said it has enough cash to maintain operations until its anticipated merger with Lufthansa (ATWOnline, April 8), which executive board member Peter Malanik said is "going ahead as planned" and should close by the middle of this ...

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