login
login

Europe Daily Bulletin No. 9965

29 August 2009
Contents Publication in full By article 10 / 19
GENERAL NEWS / (eu) eu/competition
European Commission approves Lufthansa acquisition of Austrian Airlines

Brussels, 28/08/2009 (Agence Europe) - On Friday 28 August, the Commission approved the proposed acquisition of Austrian Airlines by Deutsche Lufthansa AG of Germany. The decision is conditional, however, upon various measures to be taken by Lufthansa to ensure proper competition on several routes operated from Vienna. The Commission also approved the €500 million recapitalisation of Austrian Airlines by the Austrian state, as requested by Lufthansa. In a press release also issued on 28...