Lauda Air In Alliance With Former National Rival

Lauda Air, its prosperity on the rise, is moving away from German ally Lufthansa and closer to national rival Austrian Airlines. Privately owned Lauda said profits for the year that ended Oct. 31, 1996, rose 12.9% to 53.1 million Austrian schillings, while revenues grew 29.3% to 3.457 billion...

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