Lufthansa ups pressure on AUA

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Business

Lufthansa bosses say they see an immense potential for savings at affiliate Austrian Airlines (AUA).The German aviation giant acquired a majority stake in AUA in September 2009. Most analysts claimed at the time that the deal would save the Viennese airline from ruin.Now Lufthansa CFO Stephan Gemkow said AUA could reduce its costs by 130 […]