A320FO From Austria, joined Oct 2000, 211 posts, RR: 1
Reply 3, posted (14 years 1 month 2 weeks 14 hours ago) and read 1227 times:
The shares that ANA owned turned into the reason for Austrian Airlines breaking up with Swissair. ANA wanted to sell its stake, with Swissair eager and willing to take it. SR just made one big mistake: They didn't tell anyone at OS about this proposed transaction. This cost the confidence of OS towards SR, and their turn towards star alliance.
The former ANA shares are now owned by austrian institutional investors (banks....).
The only other airline still holding shares of OS is Air France, with 1,5% of the stock, as Swissairs 10% are now in the hands of swiss banks....
On the operational side, ANA only has one flight a week into Vienna. OS currently operates two flights a week to Narita, which is to be doubled once the new runway at NRT is opened in a few months.