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Vienna International Transport Industry News
Read the latest headlines about developments in the international transport industry in Vienna and Austria
Czech Republic: Slight Increase of Consumer Price Index
Consumer prices in February increased by 0.1% compared with January. This rise came primarily from price increases in 'transport' and 'recreation and culture'. The year-on-year growth of consumer prices decelerated to 1.7% in February (1.9% in January).
March 11, 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
Hungary: Percentage of Foreign Direct Investments in Decline
Foreign Direct Investments in 2012 was 5.2 % less than in 2011. According to the statistical central office in Hungary (KSH), the drop in the last quarter showed even -7.9 %. Massive declines in almost all sectors.
March 4, 2013
Poland: LOT Airline Downsizing Personnel
Due to the restructuring program, the unprofitable airline company has to lay off 360 workers.
March 2, 2013
Hungary Enlarges Railway Network
State Secretary on Foreign Relations Peter Szijjarto announced that MAV (Hungarian Railways) starts its biggest investment program since WWII.
February 28, 2013
Austrian Railways Achieved Net Profit Last Year
For the first time for decades, Austrian railways (ÖBB) could generate profits after taxes.
February 26, 2013
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 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
Romania Privatizes Freight Division of National Railways
Romania´s government sells a 51% stake in CFR Marfa, the publicly held rail freight company.
February 6, 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
Turkey Plans to Build World´s Biggest Airport
Until 2017, Turkey wants to build the biggest airport. In total, the new airport will handle up to 150 million passengers.
January 23, 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
Austrian Railways: Sale is „No Issue”
Christian Kern, CEO of Austrian Railways (ÖBB) underlines that the company must not be sold.
November 24, 2012
Vienna International Airport Improves Results
Positive commercial development at Flughafen Wien AG: first three quarters bring higher revenues and earnings.
November 22, 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 Railways: Net Income to Reach € 200m in Medium Term
Despite the difficult economic situation, CEO Christian Kern aims to increase the profitability further. “The fourth quarter will be brutal.” he says.
October 20, 2012
Vienna Airport: Plus 3.6% in Passengers During September 2012
The number of passengers handled by Vienna Airport rose 3.6% year-on-year to 2,173,656 in September 2012.
October 11, 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
City of Vienna Appeals against Third Landing Strip
Vienna Airport: The core shareholder appeals against the result of the positive environmental impact assessment. According to the City of Vienna, this is only due to formal reasons.
September 10, 2012
Austrian Railways: Pöchhacker Opposes to Privatization Plans
Horst Pöchhacker, President of ÖBB´s (Austrian Railways) is against a privatization of the company. Vice-Chancellor Michael Spindelegger (ÖVP) recently suggested to sell ÖBB to Frank Stronach.
September 10, 2012
ÖBB to Become Privatized?
In the summer talks of Austria´s public broadcaster ORF, Vice Chancellor commented that the founder of Magna Frank Stronach should acquire ÖBB (Austrian Railways). A highly controversial debate has begun.
September 8, 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
Poland as European Logistics Hub
Real estate analysts predict that Poland will become Europe´s logistics hub in 2020.
September 1, 2012
Vienna Airport: Resistance Against Third Landing Strip
In 2020, 30m Passengers are expected at VIA. Thus, a third landing strip is essential, VIA´s management argues. However, citizen movements oppose to the plan.
August 25, 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
Austrian Railways to Record Profits
In the first six months of 2012, ÖBB (Austrian Railways) has recorded operating profits.
August 16, 2012
Vienna Airport: Small Increase in Passengers during July 2012
The number of passengers handled by Vienna Airport rose 1.8% year-on-year to 2,192,715 in July 2012.
August 14, 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
„30 Million Passengers in 2020“
In an interview with „Kurier“, VIA´s board member Julian Jäger explains why the third landing strip is essential for Vienna Airport.
August 8, 2012
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