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AUA: „Restructuring, Not Breaking Up“

Published: March 19, 2012; 08:14 · (Vindobona)

Jaan Albrecht, CEO of Austrian Airlines wants to make the airline competitive again. A new foundation is “no issue”.

AUA: „Restructuring, Not Breaking Up“ / Picture: © Wikipedia / Austrian Airlines

For the loss-making subsidiary of German Lufthansa, hard times are imminent. Jaan Albrecht intends to make the airline´s cost structure more efficient in order to re-gain competitiveness.

For Albrecht, a new foundation is not considered. However, it is obvious that Lufthansa will keep AUA only as long as there is a positive prognosis of the company´s survival.

Albrecht…

This article includes a total of 237 words.

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