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Austrian Airlines: is it worthwhile to save it at all costs?
And while the carrier dismantles a fifth of the fleet, Lufthansa considers the situation
The German "Handelsblatt" asks in a short article published today, and in all probability also Lufthansa, the parent company of Austrian Airlines (AUA), that as the tabloid writes is "with its back against the wall, or in bankruptcy" and not only due to the coronavirus, because the airline was in bad waters even "in boom times". Apparently AUA is negotiating a financial survival package with the Austrian...
AVIONEWS - World Aeronautical Press Agency