Vienna

OPEC crude price continues to slide

Vienna  - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by another 0.77 dollars Monday, OPEC said Tuesday.

Crash victim Lanzinger seeks compensation from FIS

Matthias-LanzingerVienna - Austrian skier Matthias Lanzinger will sue the ruling body FIS for compensation over a crash at a World Cup race in Norway in which he lost his lower leg.

The Austrian Press Agency APA reported on Monday that Lanzinger's lawyer, Manfred Ainedter, has sent an according letter to FIS president Gian-Franco Kasper.

The compensation claim comes in the wake of a report from a Munich doctor who said that Lanzinger's left leg had to be amputated below the knee due to a delay in medical treatment.

State to shoulder debts before selling Austrian Airlines

Austrian AirlinesVienna- Austria's government indicated Monday it could take over some of the debt of Austrian Airlines AG before selling it to either Germany's Lufthansa AG or Russian carrier S7 Airlines.

The government's mandate to privatize its 42.75-per-cent stake in Austrian Airlines was scheduled to run out Tuesday, but the process was likely to be prolonged until December 31, the Finance Ministry announced.

The state "might be ready to contribute financially in order to make the sale go through," Transport Minister Werner Faymann said.

Lufthansa, Russian S7 Airlines in race for Austrian Airlines

Vienna - Besides Deutsche Lufthansa AG, Russian carrier S7 Airlines is also still in the race for taking over Austrian Airlines AG, Austria's state holding OeIAG announced Monday.

Crash victim Lanzinger seeks compensation from FIS

Vienna - Austrian skier Matthias Lanzinger will sue the ruling body FIS for compensation over a crash at a World Cup race in Norway in which he lost his lower leg.

The Austrian Press Agency APA reported on Monday that Lanzinger's lawyer, Manfred Ainedter, has sent an according letter to FIS president Gian-Franco Kasper.

The compensation claim comes in the wake of a report from a Munich doctor who said that Lanzinger's left leg had to be amputated below the knee due to a delay in medical treatment.

Lanzinger, 27, crashed during a super-G in Lillehammer in March. He was first taken to hospital in nearby Lillehammer and then on to a special clinic in Oslo.

Austrian Airlines sale delayed, state might take over debt

Vienna  - Austria's government is set to extend the privatization process of Austrian Airlines AG and is ready to take over some of the carrier's debt, politicians and officials indicated Monday.

The state "might be ready to contribute financially in order to make the sale go through," Transport Minister Werner Faymann said.

Deutsche Lufthansa AG, the sole remaining bidder, is offering only a symbolic price for the government's 42.75-per-cent stake in Austrian Airlines, with an option of paying more once the ailing carrier has recovered, according to Austrian media reports.

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