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Lufthansa Considers Selling AUA

Published: May 9, 2012; 19:46 · (Vindobona)

There seems to be no end to the turbulences at Austrian Airlines. The owner, the German Lufthansa, considers selling AUA in case of a failed restructuring.

Lufthansa Considers Selling AUA / Picture: © Austrian Wings Media Crew

According to FT Germany, Lufthansa´s CEO Christoph Franz does not exclude to sell the Austrian subsidiary, unless the restructuring process may be finalized successfully. At the annual general meeting yesterday, shareholders criticized the acquisition by the former CEO Wolfgang Mayrhuber. Mayrhuber is alleged to have taken over unsuccessful airlines and thus to have brought Lufthansa…

This article includes a total of 97 words.

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