Lauda Air

August 21, 2008 - 5:41am

The Austrian government has decided to sell its share of Austrian Airlines and has published advertisements in the financial press offering its 42.75-percent share of the flag carrier. The government has attached a number of conditions to the sale, including an obligation to maintain Vienna as a hub, to maintain the name Austrian Airlines and to leave a minority share of 25 percent of the total stock capital in Austrian hands.

 
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