Pulling the call option: Decision postponed to Monday in 5 minutes

The meeting of the supervisory board of the Kärntner Beteiligungsverwaltung (KBV) on Tuesday lasted more than seven hours. From 4 p.m. until just before midnight. The meeting was about everything: Should the state of Carinthia use the call option? And thus bring back the airport, almost 75 percent of which went to Franz Peter Orasch’s Lilihill Group in 2018. In short: the decision was postponed. And to next Monday. Until then, the last documents should be brought in to clarify any outstanding questions. Then a final decision should be made. “Everyone wants to be on the safe side,” said one person involved.

“counter-opinion”

In the meantime, a “counter-assessment” to the KBV’s assessment has appeared, stating that the airport cannot be brought back without significant legal risks. The report of the KBV, which was prepared by the Viennese law professor Stefan Perner, says, as is well known, that there is only a “certain risk” for 2021 and for 2022 there is almost no risk at all. The report by the airport, which is three-quarters owned by Orasch, is said to have calculated a value in dispute of over 60 million euros. At the time of going to press, it was no longer possible to determine how this sum came together.

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