New start in Klagenfurt – Buyback fixed! Call option at the airport is used

The crash landing for the investment company Lilihill at Klagenfurt Airport has begun. Governor Peter Kaiser and the SPÖ also voted for the so-called call option.

The call option at Klagenfurt Airport, which the ÖVP has been demanding for months, will be pulled. In the third attempt at the government meeting on Monday, Governor Peter Kaiser and the SPÖ also agreed that the country would release the 3.24 million euros if the airport were to be bought back. In 2018, 74.9 percent of the airport was owned by the private owner Franz Peter Orasch and the Lilihill Group have been sold. Two weeks ago, the public sector had already taken over the majority of the airport again with 58.2 percent through a capital increase of 3.7 million euros. Now Lilihill is supposed to get out of the airport adventure altogether. Most recently, the airport stayed below 100,000 passengers per year, which was the limit for the possibility of using the call option. Now it is being used. The city of Klagenfurt still has to approve it in a municipal council meeting. Then the airport will be 80 percent owned by K-BV and 20 percent by the city. Lilihill wanted to expand the airport by one billion euros in 2019, but nothing happened. The plans for the Liliair from Klagenfurt also ultimately came to nothing. In May, the old management did not even pay the salaries to the 130 employees. Now a general meeting of the airport company is to take place as soon as possible. From July 1st, a new managing director is to initiate a steep flight at the airport. He must be very busy. The economy and tourism want and need the airport. Lilihill registers a protest, the courts are likely to have a lot of work to do in the next few years.
source site-12