Read the latest headlines about developments in the international airline and airport industry in Vienna and Austria
Sponsored
Page 5/7

Vienna International Airline and Airport Industry News

Vienna Airport: Passenger Numbers Up in October

More than 1.9 million passengers were handled by Austria’s biggest airport in October 2011. Cargo traffic declined by 8.6%.

November 10, 2011

Lauda Leaves FlyNiki

Niki Lauda, founder of the Austrian Airline FlyNiki, sells his 50.1% stake to the German Air Berlin.

November 8, 2011

AUA Claims Relief from Charges

Austrian Airlines seeks to reduce its charges at Vienna International Airport. This is due to the landing rights of the Emirates Airline.

November 1, 2011

Emirates Wins Dispute over Air Rights

The Middle Eastern airline was allowed to offer 13 connections per week from Dubai to Vienna.

October 28, 2011

AUA Remains in the Red in 2011

The Austrian carrier improved its operating profit by 30% in the third quarter 2011. A positive result, however, will not be achieved in the full year.

October 27, 2011

Vienna International Airport to Cut Costs

Several savings measures should increase next year’s result by € 25m. The Skylink extension will be opened in June 2012.

October 20, 2011

Lufthansa Holds On Austrian Airlines

The German Airline will keep its Austrian subsidiary despite of persisting losses.

October 15, 2011

AUA with Strong Traffic Results in September

The total passenger number of the Austrian carrier increased by 5.8% compared to September 2010. European routes showed a plus of 8.8%.

October 12, 2011

AUA Supervisory Board Appoints Jaan Albrecht as New CEO

The Executive Board team of the Austrian carrier was increased to three members. Jaan Albrecht takes over the position of Chief Executive Officer (CEO).

September 22, 2011

AUA Traffic Result: All-Time Record in August

The total number of passengers of the Austrian carrier increased by 1.7% year-on-year despite a decline on international routes.

September 9, 2011

SkyWork Launches Services to Vienna

The Swiss Airline now provides flights to the Austrian capital.

September 6, 2011

New Management for Vienna International Airport

The new Management Board team Julian Jäger and Günther Ofner start work today with key decisions and clear strategic goals

September 5, 2011

Jaan Albrecht to Become CEO of Austrian Airlines

After ten years as CEO of Star Alliance the German-Mexican dual national will head the Austrian carrier starting on 1 November.

August 31, 2011

Flughafen Wien Group with Higher Profit despite Write-Offs

Net profit increased by 13.7% to € 43.3m in the first half of 2011. The investment in Friedrichshafen Airport was written off in full.

August 25, 2011

Austrian Airlines to Miss Targets for 2011

The Austrian member of Lufthansa Group will not achieve its goal of leaving the loss zone, an executive said on Monday.

August 22, 2011

Do & Co: Substantial Increase in Sales and Earnings

The Austrian catering company recorded a successful start in FY 2011/12. Sales were up 14.5%, EBIT improved to € 6.79m.

August 18, 2011

Growing Passenger Numbers at Vienna Airport in July

More than 2.1 million passengers were handled by Austria’s biggest airport in July 2011. Cargo traffic declined by 2.2%.

August 11, 2011

Do & Co Expands in New York

The Austrian catering company has expansion plans. The production area in New York will be doubled and one company will be acquired by the end of the year.

August 9, 2011

AUA with Positive Development of Passenger Volume

The Austrian airline recorded a plus in passenger numbers of 2.7% in July and of 2% in the period from January to July.

August 8, 2011

AUA vs. Emirates: Negotiations Postponed to Fall

Two days of talks have not brought a solution to the dispute about Emirates’ air rights to Vienna. A decision will be taken in fall.

August 4, 2011

AUA vs. Emirates: Negotiations Started in Dubai

The Middle Eastern airline wants to double the number of connections to Vienna. Austrian Airlines sees unfair competition.

August 3, 2011

AUA: Loss of € 63m in the First Half of 2011

Austrian Airlines is still clearly in the red. The company was not able to improve significantly on last year’s result in the first six months of 2011.

July 28, 2011

FlyNiki with Passenger Increase from Vienna Airport

The number of passengers departing from Vienna with Niki Lauda’s airline grew by 29% in the first half of 2011.

July 27, 2011

Julian Jäger and Günther Ofner to Take Over Management of Vienna Airport

Following the resignation of Christoph Herbst, Vienna Airport has selected Jäger and Ofner as new members of the Management board. They will take up work at the beginning of September.

July 19, 2011

Vienna Airport: Significant Increase in Passengers in the First Half of 2011

Number of passengers: plus 8.6% from January to June, plus 5.7% during June. Cargo volume is declining.

July 12, 2011

AUA with Slight Increase in Passenger Volume from January to June

A passenger increase of 1.9% was achieved despite the effects of the crises in Japan and Middle East from January to June. With 1,044,800 passengers in June, Austrian Airlines is down 1.2% on last year.

July 11, 2011

Vienna Airport: Slight Increase in Passengers

More than 1.9 million passengers were handled by Austria’s biggest airport in May 2011. Cargo traffic declined by 14.5%.

June 15, 2011

AUA: Broken Al-Jaber-Deal Has Consequences

One former and one current board member of the airline were sentenced to penalty payments for not having provided information to the shareholders.

June 9, 2011

AUA Give Up Their Focus on CEE

Austrian Airlines are going to improve their connections to Western Europe at the expense of their destinations in the East. The company is currently serving 46 airports in CEE.

May 30, 2011

Flughafen Wien Group: 4.8% Increase in Net Profit

Revenue: plus 6.9% to € 131.5m, net profit: € 19.8m. Traffic: plus 5.5% to 4.1 million.

May 26, 2011

Vienna Airport: Plus 23.6% in Passengers During April 2011

Strong growth due to effects of the volcanic ash cloud in past year.

May 12, 2011

Austrian Airlines Cannot Achieve Turnaround

The Austrian Airlines, which is in a restructuring process, is still deep in the red. In the first quarter of 2011, operating losses amounted to € 63.5m.

May 5, 2011

Significant Rise in Air Travel

Air passenger transport in Austria increased by 7.9% in 2010. The biggest growth rates were observed at Vienna International Airport.

April 30, 2011

Vienna International Airport: Kirschner is the New Chairman of the Supervisory Board

Ewald Kirschner will temporarily lead the Supervisory Board until CEO Christoph Herbst takes over the chair again. Opinions are divided concerning the privatization of the company.

April 27, 2011

Lower Austria Seeks Airport Privatization

Lower Austrian Governor Erwin Pröll (ÖVP) intends to sell the 20% share of Vienna International Airport. The city of Vienna is not pleased at all.

April 23, 2011

Herbst’s Withdrawal is Imminent

The CEO of Vienna International Airport, Christoph Herbst, should be about to resign. He is considered to be seeking a position at the Constitutional Court.

April 22, 2011

Increase in Passengers at VIA

Vienna International Airport: 4.9% higher passenger traffic in March 2011

April 12, 2011

Passenger Decrease at AUA

Austrian Airlines Traffic Result for January to March 2011: Crisis in the Middle East and in Japan burden the result.

April 11, 2011

AUA: Additional Savings Needed

The restructuring program of AUA is not sufficient to bring the company into positive numbers in view of the events in Japan and North Africa.

April 7, 2011

Sales Increase for FlyNiki

Niki Lauda’s airline achieved strong growth in 2010, regarding both passengers and sales. The EBIT declined however.

March 31, 2011

AUA: Antinori will Finally Not Become CEO

Three days before his planned entry into Austrian Airlines, Antinori surprisingly announced his withdrawal from the Lufthansa Group.

March 30, 2011

Flughafen Wien Group: Net profit rises by 3.2%

Revenue: plus 6.4% to € 533.8 m, net profit: € 73.3m. Traffic: plus 8.7% in passengers to 19.7 m

March 25, 2011

Dispute between Emirates and AUA

Emirates Airlines accuses Austrian Airlines to work with unfair means against the doubling of Vienna-Dubai flights.

March 23, 2011

Austrian Airlines Reduces Losses

Loss from operating activities substantially decreased: from minus € 230.9m to minus € 64.7m. Number of passengers grew by 9.7%.

March 18, 2011

Passengers Still Rising at VIA

Vienna International Airport: Plus 5.1% in passengers during February 2011

March 11, 2011

Savings Planned at Vienna International Airport

According to CEO Christoph Herbst, a "two-digit million amount" is to be saved this year.

March 1, 2011

Lufthansa Increases Pressure on AUA

The German parent company intends to convert the previously loss-making Austrian Airlines into a profitable company at last.

February 18, 2011

Vienna International Airport: Third Runway for € 1.8bn

The proposed project is not firm yet, but the estimated costs are between € 1.2 and € 1.8bn due to extensive construction work.

February 12, 2011

Passenger Increase at VIA Continues

Vienna International Airport: Plus 6.7% in passengers during January 2011

February 11, 2011

Serious Allegations Against Former AUA CEO

Sheikh Mohamed Al Jaber, who wanted to take over Austrian Airlines in 2008, considers himself to have been seriously deceived by the former management and raises accusations.

February 10, 2011