27-Nov-2008 5:18 PM
Austrian Airlines allergic to Pizza? Or Brussels?; European airline share prices
Analysis
Austrian Airlines shares sank 9.6% yesterday as Lufthansa announced it was to establish a new Milan-based airline. The fascination of Lufthansa for the northern Italy airport and for the valuable Italian market - just as Alitalia relinquishes most of it - can hardly be flattering for the Viennese would-be Lufthansa bride.
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