Tuesday 23 December 2014
 
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Austrian Airlines

Lufthansa halts Tripoli flights on security grounds

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

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Wataniya adds 10 new European connections

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,

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Royal Jordanian readies bid for Austrian Airlines

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

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Jaber says no Austrian Airlines bank guarantee

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

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Austrian Airlines calls in lawyers over Jaber deal

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

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Saudi investor to take stake in Austrian Airlines

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

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Saudi investor eyes $223m Austrian Air stake

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

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