How Austrian Airlines Intends to Soar Again

Published: March 29, 2013; 19:57 · (Vindobona)

In an interview with the Austrian newspaper Presse, Jaan Albrecht, head of Austrian Airlines explains why he had to carry out sudden drastic measures and what the future of the airline should look like.

How Austrian Airlines Intends to Soar Again / Picture: © Austrian Airlines

Last year Austrian Airlines was able to reduce operative losses to € 10m. Albrecht explains that the company had not yet “reached zero” and was still in the reds. However, he confirmed he was satisfied with the results and the achievements in 2012. Had the company not taken any measures and kept on waiting, losses of around € 206m would have amounted. The airline was in fact…

This article includes a total of 477 words.

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