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„We Have to Prove Ourselves in 2013“

Published: December 29, 2012; 00:05 · (Vindobona)

Jaan Albrecht, CEO of Austrian Airlines, expects that the Austrian subsidiary of German Lufthansa will not need further financial aids from its holding company.

„We Have to Prove Ourselves in 2013“ / Picture: © Austrian Airlines

Next year will be practical test for Austrian Airlines, Albrecht says. AUA has to prove that the cost structure is sustainable and that the airline is able to record profits, he explains. This year, AUA has struggled for survival. At the beginning of 2012, the future of the airline was highly uncertain, Albrecht admits. The insolvency of AUA was not excluded at all. However, in the…

This article includes a total of 211 words.

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