S7 wants the government to assume the same amount of Austrian Air debt as it would in the case of Deutsche Lufthansa, the Vienna-based newspaper said in a preview of an article to be published Wednesday.
Lufthansa is proposing to pay a nominal price for the carrier and has demanded that Austria take on 500 million euros of the airline's debt, the newspaper said.
The financing of the purchase price is secured, the spokesman said. S7, which has an "extensive concept" for the airline and the Vienna airport, does not plan to cut any jobs or destinations as it needs this to "maintain its growth plan," the report said.
The Austrian government is in the process of selling its 42 percent stake in the country's largest carrier.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.