Austrian Airlines Group, which yesterday reported an €11.7 million ($18.4 million) second-quarter profit that represented a 51.9% increase from the €7.7 million earned in the year-ago period, asked the government to grant quick approval for divestment of state holding company OIAG's 42.75% stake in the flag carrier, freeing it to pursue a strategic equity partnership. "From the company's business point of view, there is a clear recommendation in favor of a strategic partnership," ...

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.