!!!Lauda Air Luftfahrt AG

Lauda Air Luftfahrt AG, airline founded in 1979, capital stock 
340 billion ATS, shares (1998): 30 % Nikolaus  Lauda, 
36 % Austrian Airlines, 20 % Lufthansa, the rest widespread 
share holdings. Originally founded as a request airline with 2 
aeroplanes, first scheduled flights to the Far East in 1988, since 
August 1990 world wide licence for scheduled flights; since July 1992 
co-operation with the German airline Lufthansa, since March 1997 with  
Austrian Airlines. The flying routes comprise (1999) 19 European 
destinations and 11 destinations on other continents as well as many 
charter flight destinations. The Lauda Air fleet includes (1999) 23 
airliners and with an average aircraft age 4.3 years is one of the 
youngest fleets in the world. In 1997/98 there were 852,285 passengers 
on scheduled flights and 682,545 passengers on charter flights. 
Turnover in 1997/98: 4.35 billion ATS, annual earnings: 
49.2 million ATS; 1,500 employees world-wide.


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