Lufthansa Claims Exemption of Air Ticket Tax

Published: March 17, 2012; 17:38 · (Vindobona)

In order to restructure the Austrian loss making subsidiary AUA, the German airline pushes the Austrian government to abandon the air ticket tax.

Lufthansa Claims Exemption of Air Ticket Tax / Picture: © Austrian Wings Media Crew

“We need a contribution of the personnel of € 45m.” Lufthansa´s CFO Stephan Gemkow said about AUA. This week, Lufthansa decided to grant a major capital injection of € 140m to its Austrian subsidiary. The new funds will be transferred regardless of the transfer of undertakings. AUA will be re-founded based on its own subsidiary Tyrolean, unless the works council approves the…

This article includes a total of 396 words.

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