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25 September 2020 The on-line newspaper devoted to the world of transports 14:48 GMT+2

November 26, 2000

Austrian Airlines Raises Its Stake in Lauda

By Bloomberg News

VIENNA, Nov. 26 - Austrian Airlines said today that it would buy an additional 11.1 percent stake in Lauda Air from Deutsche Lufthansa for an undisclosed price, to begin reorganizing the airline in a possible effort to take it over.

The transaction, valued at 3.95 million euros ($3.32 million), would increase Austrian Airlines' ownership ......
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