Austrian Airlines Group CEO Peter Malanik predicted that the carrier will encounter "several difficult situations" over the next two years as it endeavors to return to profitability, but said it must push forward with reforms. Speaking in Vienna to unveil AAG's "Next Generation 2010" plan, he said the airline, newly acquired by Lufthansa (ATWOnline, Sept. 4), now has its "biggest and last chance to grow." Chief Executive Board member Andreas Bierwirth said, "First we have to build a new ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.