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Austrian Airlines Reduces Losses
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: © Wikimedia Commons / Alf van Beem, CC0
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…
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