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Vienna International Transport Industry News

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

New Board Member at ÖBB-Infrastruktur AG

Siegfried Stumpf succeeds Herwig Wiltberger, who retires from the Board on health reasons at the end of November.

September 22, 2011

Austerity Package at Vienna International Airport

The two new CEOs of Flughafen Wien, Julian Jäger and Günther Ofner announce to stop hiring new employees and to create a more efficient organizational structure.

September 20, 2011

Turnaround of RCA Is „Very Close“

The restructuring process of the Rail Cargo Hungaria, a subsidiary of the Austrian Federal Railways (ÖBB) is going on. The rail cargo segment reports better results than expected.

September 19, 2011

Westbahn Company to Provide Bus Service

The new Austrian competitor to the Federal Railways (ÖBB) intends to extend its transport services to bus lines.

September 13, 2011

Passenger Growth for Vienna International Airport

Vienna Airport: 4.3% increase in passengers during August 2011. From January to August, the number of passengers rose by 7.5%.

September 13, 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

Vienna Hosts the World´s Largest Transport Event in 2012

ITS EUROPE is organising, in close cooperation with its counterpart regional organisations and the Host organisation, the 19th World Congress on Intelligent Transport Systems and Services (ITS) in Vienna, Austria.

September 7, 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

ÖBB: “Cargo Business on the Right Track“

The Austrian Federal Railways’ CEO is satisfied with the development of the group’s cargo unit. RCA achieved a positive operating result in the first half of the year.

August 26, 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

SNCF Acquires Stake in Westbahn

The French national railway company participates with 26% in ÖBB’s new competitor. Operations start on 11 December.

August 24, 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

Tumpel-Gugerell Appointed to the Supervisory Board of ÖBB

The former central banker will join the Supervisory Board of the Austrian Federal Railways’ holding company.

August 18, 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

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
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