Air France to Enlarge Operations in Austria

Published: February 16, 2012; 16:45 · (Vindobona)

The loss-making airline is under enormous growth pressure and reorganizes itself. Austria is seen as growth market.

Air France to Enlarge Operations in Austria / Picture: © Air France

Also Air France faces a fierce competition. The French airline, which is one of the three major players in Europe besides German Lufthansa ad British Airways, decided to start an austerity package. In 2011, losses reach roughly € 400m. Debts rose by € 2.0bn to € 6.5bn last year.

As a result, the flight plans and the group structure will be reorganized. Costs are expected to…

This article includes a total of 218 words.

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