Austrian Airlines Group is deemphasizing previously discussed plans to invest in airlines in the Balkans and Eastern Europe as part of its broader strategy to build its network in the region, CEO Vagn Soerensen told ATWOnline. As these states join or move closer to membership in the EU, "it make less sense for us to invest in [them], because one of the advantages--to get better traffic rights--is gone," he said. He also has cooled on looking for capital partnerships with airlines in other ...

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