Austrian Airlines Reduces Losses

Published: March 18, 2011; 00:00 · (Vindobona)

Loss from operating activities substantially decreased: from minus € 230.9m to minus € 64.7m. Number of passengers grew by 9.7%.

Austrian Airlines Reduces Losses / Picture: © Austrian Airlines

Austrian Airlines achieved its target results in the 2010 financial year. The company reduced its loss from operating activities by 72 percent – from minus € 230.9m in 2009 to minus € 64.7m in 2010 – and achieved a positive EBITDA of € 170.0m (2009 figure: minus € 71.9m). The company’s total revenues from operating activities rose by 3.3 percent to reach € 2,150.7 m…

This article includes a total of 537 words.

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