Investor Backs Out Of Fresh Capital For Austrian

Sheikh Mohammed bin Issa al-Jaber no longer wants to invest EUR150 million in money-losing Austrian Airlines. Al-Jaber lawyers told the company in a letter over the weekend that he no longer feels obliged to participate in a planned capital increase. He criticized Austrian CEO Alfred Oetsch for...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.