Germany's Lufthansa and unit Austrian Airlines have halted flights to Tripoli due to the situation on the ground in Libya, a spokeswoman said on Tuesday.
"We have taken the decision given the developments in Tripoli and t
Wataniya Airways, Kuwait’s premium airline, has added ten new European connections to its network, as part of its partnership with Austrian Airlines.
The ten new connections added to Wataniya Airways’ route network are: Amsterdam, Berlin,
Jordan's airline Royal Jordanian is preparing an offer for the Austrian state's stake in loss-making Austrian Airlines and may file it as early as next week, an Austrian newspaper reported on Friday.
Royal Jordanian, which was the first Ar
Investor Sheikh Mohamed Bin Issa al Jaber will not meet a Wednesday deadline to provide a bank guarantee for his plan to invest 150 million euros ($234.8 million) in Austrian Airlines, a spokeswoman for the sheikh said.
"Al Jaber withdrew
Austrian Airlines said on Tuesday it had called in its lawyers over a troubled plan for investor Sheikh Mohamed Bin Issa al Jaber to take a 20 per cent stake in the national carrier.
In a deal announced in March, the Saudi-Austrian investo
The supervisory board of Austrian Airlines agreed terms on Wednesday for Saudi-Austrian investor Sheikh Mohamed Bin Issa al Jaber to take a 20 percent stake.
It said in a statement Sheikh Mohamed would take part in a capital increase at a
Saudi Arabian investor Mohamed Bin Issa Al Jaber plans to buy a stake in Austrian Airlines worth 150 million euros ($223 million), the airline operator said.
'Intensive negotiations are currently underway,' Austrian said