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Lufthansa Set To Buy Struggling Austrian Airlines

Posted in Airline News, Lufthansa No comments

Deutsche Lufthansa AG said its supervisory board approved a plan to buy ailing Austrian Airlines AG, potentially pushing Germany’s giant carrier further along one of the most ambitious airline acquisition sprees the global aviation industry has seen in years.
AP
The Austrian government as soon as Friday could approve the deal, which values the national carrier at [...]



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