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Auditors give AUA grace period, hope with laudamotion

Relief at the AUA. The danger of one insolvency has moved into the distance. The auditors from PwC have the decision about the future of AUA postponed again, one hears. The AUA didn’t want to comment. AUA spokesman Peter Thier referred to the supervisory board meeting tomorrow, Wednesday.

The business plan for the restart, which the board of directors presented, was assessed positively. The supervisory board will assess the status of the negotiations, then will PwC again a new date for another grace period.

The overall package stands out how The courier reported, broadly. The package has not yet been fully negotiated with the works councils and is intended to sustainably reduce personnel costs by 20 percent. Negotiations with suppliers and Vienna Airport are running successfully, around 100 million euros are being saved here Lufthansa their contribution to saving the AUA Fulfills.

Blümel: “Tough wrestling”

The AUA has liquidity until mid-June. How long exactly that AUA can still finance its standstill on its own, depends on how many already paid tickets it has to return in cash.

“It is a tough struggle, “said Finance Minister Gernot Blümel (ÖVP) on Tuesday on the sidelines of a press conference on the state of negotiations on state aid totaling 767 million euros. “We are progressing step by step.”

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