Austrian Airlines has sold its remaining 8.31% stake in Brisbane, Australia-based charter and regional carrier Alliance Airlines, according to a notice to the Australian Securities and Exchange Commission, dated Feb. 1. An Austrian Airlines spokesperson told ATW, “We can confirm that we sold our remaining shares in Alliance Airlines,” declining to give more details. According to the Australian statement, 10 million shares changed ownership. In 2015, Alliance bought 21 Fokker ...

Subscribe to Access this Entire Article

"Austrian sells final 8.3% stake in Brisbane-based Alliance Airlines " 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.

Already registered? here.