Employee representatives have delayed the appointment of Fritz Feitl, head of regional carrier Tyrolean Airways, to co-CEO of Austrian Airlines. The representatives walked out of a supervisory board meeting at which Feitl was supposed to be named. Meanwhile, the board gave Austrian Airlines a mandate to negotiate the purchase of Lufthansa's 20% stake in Lauda Air. Austrian wants to buy 100% of Lauda. If the move is successful, Lauda Air founder Niki Lauda is likely to be ousted. Lauda ...
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