AUA: Still Losses, But There Is an Upward Trend

Published: October 28, 2010; 13:54 · (Vindobona)

Losses and costs fall, passenger numbers rise. Restructuring measures show results, but the target has not been reached yet, according to the board.

AUA: Still Losses, But There Is an Upward Trend / Picture: © Austrian Airlines

Austrian Airlines (AUA), a subsidiary of German Lufthansa is not coming out of the red yet, although negative figures are not so dramatic any more. The losses in the first nine months of 2010 are estimated at 44.4 million euro (61 million dollars). The first nine months of the previous year showed a loss of 164.6 million euro (228 million dollars).

Andreas Bierwirth and Peter…

This article includes a total of 219 words.

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