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Vienna International Transport Industry News

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

ÖBB’s Debt Will Amount to € 30bn in 2020

Large infrastructure development projects will almost double the Austrian Federal Railways’ debt. In relation to other European countries, Austria spends the second highest amount per capita on the expansion of rail networks.

July 4, 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

Hungary Considering Buyback of ÖBB’s Rail Cargo Hungaria

The Hungarian state is interested in acquiring a stake in the Austrian Federal Railways’ cargo subsidiary which it privatized in 2008.

June 14, 2011

ÖBB with Capital Injection for Its Italian Freight Business

The Austrian Federal Railways’ subsidiary Linea needs additional funding in order to cover its last year’s losses of € 5.8m.

June 9, 2011

JCL Logistics Acquires Competitor in the Netherlands

The Styrian logistics provider will become market leader in the Benelux countries. The company is active in 25 countries already.

June 9, 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

ÖBB: Opposition to Privatization Plans

Austrian Finance Minister Maria Fekter has sparked a debate about the railway company’s future. Her plans have been criticized from many sides.

June 6, 2011

Rail Freight Transport Increased in 2010

The volume of goods transported on Austrian railways increased by 8.9% in the last year. However, it is still below the level of 2008.

May 31, 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

ÖBB: No Sale of Loss-Making Rail Cargo Hungaria

The Austrian Federal Railways want to become market leader in rail cargo in Central and Southeastern Europe. € 30m will be invested in Hungary.

May 27, 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

Surprisingly Good First Quarter Results for ÖBB

The Austrian Federal Railways achieved earnings of € 4.2m before tax in the first three months of 2011. For the full year, however, the company still forecasts a loss.

May 23, 2011

Moderate Earnings Increase for Austrian Post

Revenue up 1.6% from the previous year on a comparable basis. EBIT goes up by 7.6% to € 48.8m. EBITDA margin amounts to 12.4%

May 13, 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

Massive Losses for Federal Railroad

The Austrian Federal Railways (ÖBB) had to report a record loss of € 330m in 2010. CEO Kern speaks of "legacy".

April 30, 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

Kern Leads an Image Campaign for ÖBB

With humorous content, but caused by the serious situation of the Austrian State Railway, CEO Christian Kern intends to promote greater understanding for the Group.

April 26, 2011

Shipping on the Danube is Far Below its Potential

Capacities are only being utilized in modest proportions on Austria’s main waterway. Investments in expansion would be necessary.

April 23, 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

"Austria Has a Historical Chance to Become Europe’s Logistics Hub"

Sources from the transport industry consider that Austria offers potentials, mainly in the Danube and rail traffic.

April 16, 2011

ÖBB Debt Reduction is Further Delayed

The debt of the Federal Railroad increases dramatically through the acquisition of a 25% share in the Brenner Base Tunnel (BBT) project,

April 15, 2011

Vienna Harbour is Cooperating with the Port of the Emirate of Sharjah

In future, the ports of Vienna and the Emirate of Sharjah intend to cooperate more strongly. An agreement to this end was signed on Monday at the port of Vienna.

April 14, 2011

Decline in Sales for Salzburg AG

The Salzburg AG for energy, transport and telecommunications could hold its profits stable despite falling sales.

April 13, 2011

Cargo-Partner Invests 21.5 Million Euro in Slovakia

The Austrian shipping company cargo-partner sets up a logistics center in Slovakia. The first phase - a 7,300 m² large warehouse of 30,000 square meters - will be finished in early 2012.

April 13, 2011

Increase in Passengers at VIA

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

April 12, 2011

Russia is a New Promising Market for Kapsch

The Austrian technology group has reaped its first contract in Russia. The market has great potential, according to sources from Kapsch.

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

Kern: "We are Struggling for Survival"

The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, paints a dramatic picture of the largest domestic transport company.

April 8, 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

Importance of Danube as Transport Route Increases

Freight transport volume on the river Danube increased by 18.6% in 2010. Goods receipt rose by 25.4%.

April 1, 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

Economic Chamber: Austria's Economy in Distress because of ÖBB-Structuring

"Significant price increases and deterioration of rail services will lead to shift of traffic to roads."

March 24, 2011 · Updated: March 24, 2011; 00:49

Gebrüder Weiss Books Persistent Growth

The Austrian transport and logistics company closed the 2010 financial year with a provisional 17.8% increase in turnover compared to the previous year.

March 24, 2011

No Sale of ÖBB-Power Plants

The proposal that the Austrian Federal Railways sell its assets rather than increase its capital meets with vehement rejection.

March 23, 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

ÖBB: Massive Losses in Ireland

The ÖBB had to write off € 260m because of a sale and lease-back transaction.

March 19, 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

ÖBB Restructuring: "There is no other Alternative"

Christian Kern, CEO of the Austrian Federal Railways (ÖBB) explains his plans to manage the turnaround in an interview with the magazine "Standard".

March 12, 2011