Vienna International Airport: Low Profits Expected

Published: November 22, 2011; 19:47 · (Vindobona)

After a profit warning last week, the Viennese airport will only report small profits in the first nine months, analysts say unanimously.

Vienna International Airport: Low Profits Expected / Picture: © Austrian Airlines

On Thursday, Vienna International Airport will announce its results for the third quarter as well as for the first nine months of 2011. Due to high write-offs for the controversial terminal “Skylink” and for the airport in the Slovak Kosice, profits will reach only a low level. These write-offs and provisions for retired employees amounted to € 74m in the third quarter. As a…

This article includes a total of 221 words.

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