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Flughafen Wien AG / Insider (Ad-Hoc) Information: 3rd Runway - Adverse Decision of the Austrian Federal Administrative Court
Press Wire ♦
Published: February 9, 2017; 22:41 ♦ (Vindobona)
On Thursday evening, the lawyer representing Flughafen Wien AG was electronically notified - with respect to the legal proceedings initiated against the ruling by the court of first instance granting approval of construction of a third runway at Vienna Airport - of an adverse decision handed down by the Austrian Federal Administrative Court acting as the court of appeal on this project. From the point of view of Flughafen Wien AG, an initial cursory examination already leads to the conclusion that this adverse judgment on the part of the Federal Administrative Court is legally and objectively untenable and false. For this reason, the company will file an extraordinary appeal against this decision with the Austrian Supreme Administrative Court. Accordingly, Flughafen Wien AG will continue to vigorously pursue this project.
Flughafen Wien AG / Insider (Ad-Hoc) Information: 3rd Runway - Adverse Decision of the Austrian Federal Administrative Court / Picture: © Vindobona.org
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
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