Austrian Airlines CEO resigns

Alfred Ötsch, chief executive officer of Austrian Airlines since 1 May 2006, has resigned. His duties on the board of management will be taken over by the chief operating officer Peter Malanik and chief compliance officer Andreas Bierwirth.

Ötsch said: “After three intensive years with Austrian Airlines, this step is designed to enable a new beginning at the company, including at the level of management. Having introduced the necessary change of course towards partnership, I am glad that privatisation has now moved into its final stages with Lufthansa, the best possible partner for the Austrian Airlines Group.”

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