Austrian Airlines has doubled its participation in regional carrier Tyrolean Airways, with the purchase of 42.85% of its shares, bringing its total stake to 85.7%. The remaining capital is held by Leipnik Lundenburger Industrie. Austrian bought its initial stake in Tyrolean in 1994, and the purchase contributed significantly, says the airline, to the expected group operating profits of $52 million in 1997.
Source: Flight International
Delta Air Lines is expecting a return to normal operations following a multi-day struggle related to the global IT outage caused by CrowdStrike.
The US Department of Transportation is investigating whether Delta Air Lines has complied with passenger-protection laws amid a technology meltdown that has forced the carrier to cancel thousands of flights.
Malaysian airlines have confirmed plans for jet operations from Kuala Lumpur’s Subang international airport, with domestic operations to commence in August.
