TW741 From Liechtenstein, joined Sep 2004, 478 posts, RR: 0
Reply 1, posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 2669 times:
NG is 100% owned by OS so NG is part of the sale. Also VO operating the "Austrian Arrows" flights is part of the sale. It is not OS as a single airline, it is the state-owned stake of the "OS group" which is negotiated for sale.
Since NG is more or less just used as a brand for leisure travel/charters it is the smallest part of the sale. VO is the largest part when it comes to number of operated aircraft within the group (VO 58 aircraft, OS 41 aircraft).
Interesting will be, that in case the sales contract is signed (December 5th is the announced date), that also the 22,5% OS stake in PS will be in the hands of the new owner.
OS group will keep its own identity (according LH) like LX. However what the future of NG will be - we will see.