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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


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


Austrian Airlines Records Passenger Growth of 8.0%

Austrian Airlines carried 4,375,000 passengers carried in the first five months of 2012, which is 323,500 more than last year.
June 12, 2012


Albrecht: „Common Collective Agreement in 2012“

The CEO of Austrian Airlines is optimistic to achieve unified collective agreement for the whole workforce. Costs for the transfer of undertakings are expected to reach up to € 90m.
June 9, 2012


AUA: Leaving Pilots Cost € 55m

Because of the austerity package, 118 pilots left Austrian Airlines. CEO Jaan Albrecht wants to bring them back.
June 5, 2012


Vienna International Airport Opened New Terminal

The opening of the new Skylink is starting on 5 June 2012. The € 800m investment brings numerous changes for passengers.
June 5, 2012


341 Staff Members Leave AUA

CEO Albrecht underlines that further austerity packages are not excluded. Now, Austrian Airlines faces new challenges.
June 4, 2012


AUA: Last Chance

The loss-making Austrian Airlines has only little time left to achieve the turnaround. Lufthansa´s patience is wearing thin.
May 26, 2012


AUA: 250 Aircrew Member Leave

Until now, 80 pilots and 170 flight attendants decided to leave Austrian Airlines. The deadline runs until the end of May.
May 25, 2012


Austrian Airlines Streamlines Organization

The former Swiss executive board member Gaudenz Ambühl will head new flight operations.
May 22, 2012