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.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Lufthansa Claims Exemption of Air Ticket Tax

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

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.