December 2, 2023 11:49 pm ET
January 20, 2023 1:00 pm ET -
Lufthansa Offer to Purchase Stake in ITA Airways Sparks European…
Lufthansa recently announced a bid to acquire a minority stake in the Italian airline ITA Airways with an option to purchase the remaining shares in the future. A press release on Wednesday from the German carrier stated: ‘Today, the company…
March 30, 2021 6:45 am ET -
Austrian Airlines Ramping Up Flights for Winter Tourism
As airlines worldwide prepare for a likely travel boom this winter, Austrian Airlines is making an aggressive return to international operations. With a focus on long-haul flights to sunny destinations, the carrier is reintroducing routes to Cancún, Mexico, Mauritius and…
July 6, 2020 8:29 pm ET -
Austrian Airlines Trades Planes for Trains on European Route
Austria’s flagship airline announced that it will be replacing one of its flight segments with frequent train service to meet certain environmental requirements in a recent government bailout package it accepted. Austrian Airlines, in cooperation with Austrian Federal Railways (ÖBB),…
July 2, 2020 8:00 am ET -
Austrian Airlines Resumes Long-Haul Flying
Austrian Airlines has resumed part of its long-haul flying program with its first transatlantic flight in more than 100 days departing its Vienna hub yesterday. The first of the airline's scheduled long-haul flights departed Vienna at about 10:45 a.m. on…
June 22, 2020 8:30 am ET -
Lufthansa Bailout at Risk from Billionaire Shareholder
The fate of German carrier Lufthansa's federal rescue package will be sealed at the company’s Extraordinary General Meeting June 25, when airline’s shareholders will vote on whether to accept the terms in the deal's current state. Although the bailout has…