On July 10, the European Commission rejected concessions offered by Lufthansa to speed up the approval of its takeover of Austrian Airlines. The European Commission went on to tell the German carrier that it would have to come up with concrete concessions by the end of the day for the approval to be sped up. [...]

The European Commission has approved a government-backed bridge financing of 200 million euros (265 million dollars) for Austrian Airlines. This decision will not affect the sale of the carrier to Lufthansa, which is an agreement in which the Austrian government has agreed to assume a debt of 500 million euros (663.5 million dollars) in the [...]

S7 Airlines, a Russian carrier, is considering making a bid on the Austrian government’s holding in Austrian Airlines, according to Irina Kolesnikova, a spokesperson for S7 Airlines. She wouldn’t say if S7 Airlines has actually put a bid down or not. However, she said that they are interested in gaining more international destinations, and Austrian [...]

Lufthansa has showed an interest in Austrian Airlines by holding intense talks with Austria’s government, according to Stefan Lauer, an executive board member. The German airline is also keeping an eye on Alitalia in the Italian market, he said on Wednesday. Leaders in the Austrian government said during last week that they would sell part [...]

Aeroflot, a Russian airline, seemed to be interested in placing a bid on purchasing the controlling shares of Austrian Airlines, but have made the decision not to, despite the legacy airline being seen as the potential buyer for a while now. Reuters News was told by Aeroflot Russian Airlines that purchasing Austrian Airlines was just [...]

Austrian Airlines has recently made the announcement for their passenger numbers during the month of June, where the amount of passengers they served on their flights dropped by 1.6 percent in comparison to the month of June last year, putting it at just barely more than 1 million passengers, while the load factor during the [...]

Austrian Airlines has been preparing for their new premium service launch, which will be made available to their passengers who fly in business class on certain flights to the Near and Middle East. This new service includes beverages, entertainment options, and food, as well as significantly enhanced seats, and they began offering it on Tuesday, [...]

Earlier in the year, Austrian Airlines had a stylish celebration for its 50 year anniversary, but if the carrier will be able to survive another 50 years on its own is becoming doubtful.  The supervisory board of the airline said last week that they progressed in finding probable partners and were going to move toward [...]

Austrian Airlines and Mohamed Al Jaber, the Saudi billionaire that was going to invest in the airline, made a report that they will be suing one another as the romance between them at one time has now turned to bitterness.  The flagship airline of Austria made a statement that they filed against Al Jaber to [...]

The developments in the Austrian Airlines company has sparked an interest in Air France and Aeroflot of Russia. The shares of the government may be sold in the nearby future to a private sector. Both of the interested companies may purchase a part of the shares in Austrian Airlines each if, in the next few [...]