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Vienna International Transport Industry News
Read the latest headlines about developments in the international transport industry in Vienna and Austria
Austrian Railways „Fit for the Capital Market in a Few Years“
Horst Pöchhacker, chairman of the supervisory board of Austrian Railways (ÖBB) thinks that the transport group will face more competition. A privatization would take time.
August 6, 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
Austrian Railways to Record Profits Already in 2012
Christian Kern, CEO of Austrian Railways, explains that the company´s restructuring is going on. The results would be better than the expectations.
July 16, 2012
Vienna Airport to Build Third Landing Strip
Vienna International Airport is now entitled to start the construction works oft he third landing strip. The construction works will take two years.
July 11, 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
Austrian Railways and Hungarian MAV to Cooperate
ÖBB and MAV are said to plan a common expansion strategy in Southeastern Europe.
June 25, 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
Vienna International Airport Cancels Leases with Sardana
VIA filed legal proceedings against the Indian company. The bankruptcy proceedings should begin soon.
June 13, 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
Vienna International Airport Satisfied with new Terminal
First week of real-time operations in Check-in 3: over 240,000 passengers handled since 5 June 2012. The number of passengers was up moderately in May.
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
Russians Push New Railway Line to Vienna
Russian Railways intends to establish an axis between China and Europe.
June 4, 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
Asfinag Bond Issue Successfully Placed
The Austrian highway financing company has placed a € 1.0bn corporate bond at historically low rates. The bond has a maturity of 20 years.
May 31, 2012
Mixed Results in Austrian Transport Industry
The transport volume in road freight transport increased in 2011 by almost 4.1%. In the rail sector, the transport volume declined slightly.
May 31, 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
Moderate Increase in Results at VIA
Vienna International Airport increases revenue and earnings in the first quarter of 2012. The management raises the annual forecast for passenger traffic and after-tax profit.
May 23, 2012
Austrian Airlines Streamlines Organization
The former Swiss executive board member Gaudenz Ambühl will head new flight operations.
May 22, 2012
AUA Dispute Brought Before Supreme Court
The Austrian trade union vida intends to prevent the transfer of undertakings. Thus, the dispute will not be settled soon.
May 19, 2012
Works Council Increases Pressure on Management
The transfer of undertakings may induce costs of € 280m. According to rumors, AUA´s management may be partially changed.
May 15, 2012
Sudden Illness of Pilots: AUA Cancels 24 Flights
During the weekend, Austrian Airlines had to cancel 24 flights. A surprising mass illness among AUA´s pilots occurred.
May 14, 2012
Passenger Growth: Vienna Airport Ranks Second
Regarding growth in number of passengers, only Copenhagne Airport could record a higher increase than Vienna Airport.
May 14, 2012
AUA: Leaving Pilots May Cost up to € 80m
The transfer of undertakings at Austrian Airlines is irrevocable, the management points out. In case of a lack in pilots, Lufthansa and Swiss would close the gap.
May 11, 2012
AUA: Passenger Growth of 9.9 percent
Austrian Airlines carried 985,000 passengers in April, which is an increase by 9.9 percent . the passenger load factor improved by 5.9 percentage points
May 10, 2012
Vienna Airport: April 2012 with 9.5% Increase in Passengers
The number of passengers handled by Vienna International Airport rose 9.5% year-on-year to 1,889,786 in April 2012.
May 10, 2012
Massive Demand for Austrian Railway Bonds
The majority of the € 1.0bn bond was placed with high quality institutional investors in Germany, Asia, Austria and France; offering was 3.0x over-subscribed within 30 minutes.
May 10, 2012
Lufthansa Considers Selling AUA
There seems to be no end to the turbulences at Austrian Airlines. The owner, the German Lufthansa, considers selling AUA in case of a failed restructuring.
May 9, 2012
Dispute at AUA Goes On
After the management of Austrian Airlines refused to start new negotiations, the works council wants a vote on the transfer of undertakings.
May 9, 2012
AUA: Last Chance for Workforce
Austrian Airline´s works council tries to prevent the already resolved transfer of undertakings to Tyrolean. AUA´s management does not want to re-negotiate again.
May 7, 2012
AUA to Offer More Flights to USA
After having implemented the austerity package, Austrian Airlines wants to expand. Above all, more flights to the U.S. will be offered.
May 5, 2012
Albrecht Wants Common Collective Agreement
After the transfer of undertakings, the CEO of Austrian Airlines aims to create a collective agreement for the whole workforce. Further cuts are not excluded.
May 4, 2012
New Record Loss at AUA
Bad news for Austrian Airlines: the result from operating activities reaches € -66.7m. AUA refers to higher kerosene prices and the air travel tax. Nevertheless, the turnaround should be reached in 2013.
May 3, 2012
AUA: Transfer of Undertakings Definite
The re-started negotiations between AUA´s management and the aircrew have finally failed. A mass exodus of pilots is feared.
May 1, 2012
New Record In Airline Industry
The Austrian air passenger transport reached an all-time high in 2011.
April 30, 2012
AUA´s Workforce May Decide Against New Collective Agreement
After months of heated debates, the works council and the management agreed on a new collective agreement. The aircrew must approve the agreement.
April 28, 2012
Asfinag Enhanced Profits
In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.
April 26, 2012
Restructuring: Hope at ÖBB
In 2010, Austrian Railways recorded losses of € 330m. CEO Kern could decrease losses to € 28m in 2011. The final turnaround is not achieved yet, Kern says.
April 26, 2012
Scharinger to Enter ÖBB´s Board
The former CEO of RLB Upper Austria becomes supervisory board member at Austrian Railways.
April 25, 2012
Vienna Airport Considers Entering at Bratislava Airport
Bratislava Airport starts a request of proposal for airport operations. Vienna International Airport is interested. In Vienna, the third rope will be built in 2016 at the earliest.
April 25, 2012
AUA: Agreement Could be Reached
The long-lasting dispute at Austrian Airlines is settled. The management board and the works council agreed on a new collective agreement.
April 25, 2012
Negotiations at Austrian Airlines
After the works meeting yesterday, AUA´s management and the works council are negotiating again. The transfer of undertakings could be still prevented.
April 24, 2012
AUA: Aircrew Wants to Negotiate
The planned transfer of undertakings will be costly. AUA´s workforce wants to negotiate with the management, strikes are not considered yet.
April 23, 2012
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