"Turkish Airlines may bid for Austrian Airlines
As we reported earlier this week, the government of Austria has announced that it will sell its 43 percent stake in the country’s flag carrier, Austrian Airlines. Only a couple of days after this announcement, it already appears as though there may be a serious contender for the company. According to the Reuters news agency, Turkish Airlines is considering submitting a bid for the Austrian national airline. Temel Kotil, the Turkish company’s chief executive officer, pointed out that his carrier was interested, “in principle,” in Austrian Airlines, even though he was quick to add that no concrete decision has been made on whether or not his firm will ultimately submit a bid."
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