Beaucaire
Topic Author
Posts: 3888
Joined: Sun Sep 14, 2003 4:48 am

Austrian Media : AUA Runs Out Of Cash....

Sat May 27, 2006 5:49 pm

LH might be closer than ever to swallow AUA- as converging reports indicate.
AUA runs desperately low on cash and the government might not be willing to inject further money.A report by berger consult advises not to throw "good money after bad money.."


http://wien.orf.at/stories/111946/

[Edited 2006-05-27 10:54:21]
Please respect animals - don't eat them...
 
Humberside
Posts: 3224
Joined: Sun Jan 01, 2006 12:44 am

RE: Austrian Media : AUA Runs Out Of Cash....

Sat May 27, 2006 6:02 pm

This is a bit of a surprise

Would LH want VIE as a hub though? They've already got ZRH and MUC nearby. Or would VIE been downgraded
Visit the Air Humberside Website and Forum
 
Beaucaire
Topic Author
Posts: 3888
Joined: Sun Sep 14, 2003 4:48 am

RE: Austrian Media : AUA Runs Out Of Cash....

Sat May 27, 2006 6:12 pm

I could imagine they run VIE like ZUR - rather independent by maintaining the corporate identity and on a long,but very controlled leach..
AUA has a good name in terms of service -product(specially on long-haul..)
It's too early to say it's a done deal but within the next six months things will crystallize
Please respect animals - don't eat them...

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