A consortium of Upper Austrian entrepreneurs has submitted plans to the state of Upper Austria to acquire 50 percent of the shares in the financially troubled Linz Airport (LNZ). Currently, the state and the city of Linz each hold 50 percent of the shares. The consortium, initiated by entrepreneur Manfred Zorn from Hofkirchen an der Trattnach, aims to acquire the city of Linz's shares, not through a purchase, but through another form of investment.
Linz Regional Airport has been writing for five years Red numbers...and the reserves are almost depleted. The situation has worsened due to the recent discontinuation of the important flight connection to... Frankfurt The restrictions imposed by Austrian Airlines (AUA) were further tightened with effect from October 25th, resulting in the airport losing its connection to a major international hub. Regional Councillor Markus Achleitner, Chairman of the Airport Supervisory Board, welcomed the business community's initiative and emphasized that politics and business share the common goal of ensuring Linz Airport's future. Freight transport, exports and as a gateway to the world to maintain.
The state of Upper Austria considers the restoration of the direct connection to Frankfurt essential for its economic and export location and therefore wants to extend the route. tender and provide seed fundingThe necessary EU approval for the financing is still pending. Achleitner also sees Upper Austrian businesses as having a responsibility to ensure adequate utilization of the connection. If the consortium of entrepreneurs can raise four million euros for the airport, as announced, these funds would be best used for the Purchase of airline tickets Suitable for ensuring occupancy rates. Talks regarding future shareholdings with the city of Linz are planned, and its mayor, Dietmar Prammer, has already signaled his willingness to discuss the matter.