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New Record Loss at AUA

Published: May 3, 2012; 10:41 · (Vindobona)

Bad news for Austrian Airlines: the result from operating activities reaches € -66.7m. AUA refers to higher kerosene prices and the air travel tax. Nevertheless, the turnaround should be reached in 2013.

New Record Loss at AUA / Picture: © Austrian Wings Media Crew

In the first quarter of 2012, Austrian Airlines generated a result from operating activities of minus € 66.7m, a decline of five percent from the previous year (Q1 2011: minus € 63.5m). The total operating income amounted to € 464.3m, a rise of 3.8 percent from the prior-year (Q1 2011: € 447.4m). EBITA totaled minus € 26.9m, a drop of 19.2 percent from same period in 2011 (Q1…

This article includes a total of 527 words.

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