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AUA To Get Capital-injection Of 400 M €...

Mon Aug 28, 2006 4:52 am

As reported in Austrian newspapers,the ailing airline will see their major share-holders -the state- inject another 400 M € to keep the airline afloat and in national hands.Not a good way to face competition and make the airline slim and mean to become attractive for investors.
Only possible option are to be swallowed by LH-who have not shown any interest so far- or find an outside partner -possibly in the Middle East or Asia.
Please respect animals - don't eat them...