Aeromedia
corso Giambone 46/18
10135 Torino (Italy)

Austrian Airlines Takes Control of Lauda Air

Austrian Airlines is buying Lauda Air 19,7% shares from Lufthansa and 9,7% from Mr. Niki Lauda, founder and president of the airline.

Austrian Airlines Group, which owns the 43% shares of Tyrolean Airways, the other major Austrian carrier, is going to comprise three airlines:

Austrian Airlines, 32 aircraft strong, operating scheduled services
Lauda Air, with 19 aircraft, active in the charter and regional markets
Tyrolean Airways which serves its own regional network with a fleet totalling 26 aircraft.

Austrian Airlines has recently introduced a new livery for the aircraft in its own fleet.

In the picture: the Fokker 70 PH-KZH with the new corporate colours.

(Aeromedia, June 1997)