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 ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Employee representatives have delayed the appointment of Fritz Feitl to co-CEO of Austrian Airlines".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.