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Vienna International Airline and Airport Industry News
Read the latest headlines about developments in the international airline and airport industry in Vienna and Austria
Vienna: Infrastructure & Construction Summit Brings Together All Balkan Countries
Government ministers from Austria and various Balkan countries will be discussing infrastructure and construction in the region at a two-day summit in Vienna at the end of May.
April 30, 2013 · Sponsored Content
Croatia: Trying to Sell Croatia Airlines
Croatia is starting an attempt to try and sell a stake of troubled Croatia Airlines (CA).
April 25, 2013
Bulgaria: Sofia As Most Affordable Tourist Destination
Huffington Post has nominated Bulgarian capital Sofia to be the most affordable tourist destination in Europe.
April 24, 2013
Austria: Tyrolean and AUA Agree on Social Plan
After eleven hours of negotiations, three main points were decided on. However, details have not been disclosed yet.
April 18, 2013
Cyprus Airways Threatened With Bankruptcy
According to Cyprian newspaper Fileleftheros, Cyprus Airways is about to fold.
April 4, 2013
Poll: Estonians Want Economy Minister to Resign
56 % of Estonian citizens want the Economy Minister Parts to step down.
April 3, 2013
How Austrian Airlines Intends to Soar Again
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.
March 29, 2013
Austria: Tyrolean Administration to Be Relocated
Austrian Airlines is about to relocate Tyrolean’s administration to Vienna along with new managing director Klaus Froese. Around 100 of the total of 400 staff members working in Innsbruck are concerned.
March 28, 2013
Vienna International Airport: Top Score of +127.5 % Net Profit
EBITDA at € 221.m (+17.1%), net profit after non-controlling interests of € 71.9m, dividend: slight increase to € 1.05 per share (2012: € 1.00)
March 20, 2013
CSA: Korean Air Gets In
The South Korean airline will take over the publicly held stake in the loss-making Czech carrier.
March 16, 2013
Austrian Airlines Records Profits
Due to one-time effects, the Austrian subsidiary of Lufthansa returns to the profit zone. Austrian Airlines expects the final turnaround in 2013.
March 14, 2013
Number of Passengers Goes down at Austrian Airlines
The passenger number declined by 3.8%. January-February 2013: passenger load factor up 3.2 percentage points.
March 13, 2013
CSA: Korean Air as Only Bidder
The Korean airline company aims to take over the publicly held stake in Czech Airlines (CSA). Korean Air only offers € 2.64m.
March 7, 2013
Czech Airlines May be Taken Over by Korean Air
The Korean airline company aims to take over the publicly held stake in Czech Airlines.
March 5, 2013
Poland: LOT Airline Downsizing Personnel
Due to the restructuring program, the unprofitable airline company has to lay off 360 workers.
March 2, 2013
LOT to be Privatized in 2013
LOT Polish Airlines faces a dramatic phase of restructuring. In order to saleable, the airline company will downsize radically.
February 19, 2013
Major Losses for Croatia Airlines
The publicly owned national carrier will introduce restructuring measures, the management announced.
February 16, 2013
Polish LOT Plans Mass Lay-Offs
In order to prevent a bankruptcy, the financially stricken airline has to downsize radically, Prime Minister Tusk says.
February 14, 2013
Vienna International Airport: Slight Decrease in Passengers
Vienna Airport: Minus 1.7% in passengers during January 2013. “Unusually heavy snowstorms in eastern Austria responsible for decline.”
February 14, 2013
Austrian Airlines: Decrease in Passengers
Traffic Results of Austrian Airlines for January 2013: the airlines has carried 723,200 passengers in January. Positive trend in capacity utilization.
February 8, 2013
Turkish Airlines Expands Massively
According to CEO Temel Kotil, Turkish Airlines has an enormous growth potential. The function of Istanbul as hub between Asia and Europe is a crucial for Turkish Airlines.
February 6, 2013
Vienna International Airport: Moderate Increase in Passengers
Flughafen Wien AG: 5.0% increase in passengers to 22.2 million in 2012. For 2013 Vienna Airport expects growth of 1 to 2% in the number of passengers as well as higher revenue and EBITDA.
January 17, 2013
Austrian Airlines: Small Increase in Passengers
Year 2012 as a whole: 1.8 percent rise in the number of passengers carried despite four fewer aircraft. In total, 11.5 Million Passengers Flew with Austrian Airlines.
January 10, 2013
Poland: LOT to Downsize Radically
The financially stricken Polish airline must scale-down its activities drastically in order to become profitable again
January 5, 2013
„We Have to Prove Ourselves in 2013“
Jaan Albrecht, CEO of Austrian Airlines, expects that the Austrian subsidiary of German Lufthansa will not need further financial aids from its holding company.
December 29, 2012
Poland: € 100m Aid for LOT
The Polish government grants a massive capital injection for the financially stricken airline.
December 27, 2012
CESEE: Airline Industry in Severe Crisis
The airline industry in East and Southeast Europe faces enormous difficulties. Not only Polish LOT needs immediate help.
December 21, 2012
Poland Grants State Aid to LOT
Poland´s national airline LOT gets financial support of more than € 100m.
December 12, 2012
Austrian Airlines Increases Number of Passengers Carried
Traffic Results from January to November 2012: 1.7 percent more passengers carried. November 2012: Rising passenger volume despite fleet reduced by four aircraft. Positive trend in capacity utilization continues.
December 11, 2012
Austrian Airlines Cuts 150 Jobs
“Austrian Airlines Group sets forth its restructuring process.” the company announces and aims to achieve “further savings through the elimination of duplicate operations.”
December 11, 2012
Austrian Airlines: Up to 100 Jobs to be Cut
In order to reduce redundancies, Austrian Airlines (AUA) wants to streamline its company structure.
December 6, 2012
AUA to Strengthen CEE Network
After Air Berlin decided to reduce the number of flights from Vienna to Eastern European destinations, Austrian Airlines intends to fill the gap.
November 20, 2012
Austrian Airlines: Passenger Number Declines
From January – October 2012: 1.7 percent more passengers were carried. In October, the number of passengers was down slightly.
November 12, 2012
Austrian Airlines: Austerity Program Not Finished
In the first nine months, AUA´s operating income was positive. However, the restructuring process will go on.
November 2, 2012
Austrian Airlines Returns to Profits
AUA´s restructuring programme begins to take hold. The result for 3rd Quarter nearly doubled to € 61m.
October 31, 2012
Austrian Airlines: Number of Passengers Down in September
January-September 2012: 2.1 percent more passengers carried. September 2012: Fewer passengers due to reduction of capacity.
October 10, 2012
Austrian Airlines: Major Investments in Long-Haul Cabin
Austrian Airlines invests over 90 million euros in conversion of long-haul fleet.
October 9, 2012
Austrian Airlines Not Profitable Before 2013
The Austrian subsidiary of Lufthansa will not achieve a positive net income this year.
September 12, 2012
Austrian Airlines Harmonizes its Medium-Haul Fleet
First Airbus A320 to enter operation in fleet renewal lands in Vienna and is expected to be put into operation on 1st October 2012.
September 11, 2012
Austrian Airlines: Moderate Increase in Passengers
Austrian Airlines Traffic Results for August 2012: Targeted capacity adjusted, further improvement of passenger load factor.
September 11, 2012
New Airline for Hungary?
After the insolvency of Malev in March 2012, the Hungarian government is said to promote a new airline.
September 6, 2012
Vienna International Airport Announces Satisfying Results
Flughafen Wien AG: positive development of revenue and earnings in the first half of 2012. Forecast for expected net profit in 2012 raised to over € 60 million
August 22, 2012
Fewer Passengers at Austrian Airlines
AUA´s capacity utilization rose substantially. Against July 2011, the number of passengers was down by 5.6%.
August 9, 2012
Surprising Profit at AUA
Due to special items, Austrian Airlines could achieve positive results in the first half year of 2012.
August 2, 2012
AUA: Auditors Found Inconsistencies
In 2007, Austrian Airlines should not have recorded a profit, but a substantial loss of € 235m, auditors says.
July 31, 2012
AUA Invests € 80m in Long Distance Flights
Lufthansa´s subsidiary Austrian Airlines upgrades its airplanes. Ten long distance plances will be renewed.
July 30, 2012
„AUA Must Be in the Black Numbers“
For Austrian Airline´s CEO Jaan Albrecht, the implementation of the austerity program and the transfer of undertaking is mandatory.
July 26, 2012
AUA: Strong Growth in Passengers to Eastern Europe.
Austrian Airlines traffic results June 2012: Significant passenger growth in the first half year.
July 10, 2012
Austrian Airlines: Operated by Tyrolean
The transfer of undertakings is completed. About 2,000 AUA staff members shifted to the regional airline Tyrolean.
July 3, 2012
Albrecht: „We Will Remain Austrian“
AUA´s CEO explains that about 80% of the reorganization of Austrian Airlines has been achieved. The airline would be on the right way, Albrecht affirmed.
June 23, 2012
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