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20 September 2020 The on-line newspaper devoted to the world of transports 12:51 GMT+2

November 9, 2000

Austrian Airlines moves on Lauda Air

By Eric Frey in Vienna

Austrian Airlines said on Wednesday it planned to gain majority control of the ailing Lauda Air by acquiring the 20 per cent stake held by Lufthansa.

The move, if successful, could help to end a tussle between AUA's management and the former Formula One world champion Niki Lauda over mounting losses at the airline he founded in the ......
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