Austrian Airlines Group confirmed to ATWOnline that it will stay afloat until it is taken over by Lufthansa. AAG Executive Board member and CCO Andreas Bierwirth told shareholders at a meeting last week that €90 million ($118.8 million) is still available from the €200 million in aid granted by the Austrian government and that the amount will be sufficient until LH's acquisition of the struggling carrier is approved (ATWOnline, March 20). "From our side, there is not much more to ...

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