Losses of € 59.4m at AUA

Published: March 15, 2012; 10:45 · (Vindobona)

The original target result of Austrian Airlines was not achieved “due to crises in Japan and Middle East”. The load factor was reduced to 73.8 percent

Losses of € 59.4m at AUA / Picture: © Austrian Airlines

The financially stricken airline could not leave the loss zone. Austrian Airlines has reported an operating loss of minus € 59.4m in the 2011 financial year. This corresponds to an improvement of 8.2 percent compared to 2010, when the loss stood at minus € 64.7m. However, this means Austrian Airlines has not achieved its original target of a positive operating result. The EBITDA…

This article includes a total of 284 words.

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