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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.
Lufthansa Claims Exemption of Air Ticket Tax / Picture: © Vindobona.org
“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…
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