Lauda To Acquire Aero Lloyd Austria

Lauda Air founder Niki Lauda plans to acquire 51% of Aero Lloyd Austria, the former Formula One racing champion said yesterday in Vienna. Lauda said he would inject almost EUR4 million (US$ 4.5 million) into bankrupt German carrier Aero Lloyd's Austrian unit to give it a fresh start, and would start...

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.