Vienna International Transport Industry News
Read the latest headlines about developments in the international transport industry in Vienna and Austria
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
AUA Threatened by Strikes
After Austrian Airlines´ supervisory board resolved the transfer of undertakings, the Lufthansa subsidiary may face strikes.
April 21, 2012
AUA Resolves Transfer of Undertakings
The supervisory board of Austrian Airlines decided to switch to cheaper collective agreements. The transfer of undertakings is “crucial for AUA´s survival”.
April 20, 2012
Austrian Railways: € 33bn Investment Package Resolved
The Austrian National Council decided the infrastructure package for ÖBB (Austrian Railways). Until 2017, investments of € 33bn will be made.
April 19, 2012
„AUA is no Protected Area Anymore“
Lufthansa´s CEO Christoph Franz underlined not to accept permanent losses of the Austrian subsidiary AUA. “There is no protected area at Lufthansa anymore.”
April 18, 2012
Austrian Railways Aims for Expansion in SEE
ÖBB (Austrian Railways) wants to establish a new freight subsidiary operating in Southeastern Europe. In Austria, ÖBB performs better than expected.
April 16, 2012
Gebrüder Weiss Takes Over Spedition Diehl
The Austrian transport and logistics company raises its stake in the German freight forwarder Spedition Diehl to a hundred percent.
April 14, 2012
AUA Expected to Record High Losses Again
This year, Lufthansa-owned Austrian Airlines is anticipated not to reach the profit zone. In the first quarter, fees and fuel caused higher costs of € 28m.
April 12, 2012
Austrian Industry Underlines Importance of „South Axis“
According to a recent study, the Southern Railway (Südbahn) creates 15,000 new jobs. The value creation totals € 15.5bn.
April 12, 2012
Austrian Airlines Record All-Time-High in Passengers
In March, 893,600 passengers were carried by AUA, which is an increase by 12 percent. In the first quarter, the passenger number rose by 10.1% to 2.3 million. However, fuel costs also reached a new record level.
April 12, 2012
Moderate Passenger Traffic at Vienna International Airport
Vienna Airport: plus 8.6% in passengers during March 2012. Cargo volume continues to decrease.
April 12, 2012
„AUA Must Achieve Turnaround on its own“
Christoph Franz, CEO of Lufthansa explains that the Austrian subsidiary will act independently also in future. Also the restructuring must be completed without Lufthansa´s help.
April 7, 2012
AUA Considers Leasing Pilots
The works council tries to put pressure on Austrian Airline´s management, which may lease pilots of other airlines. The works council warns of a “mass exit”.
March 31, 2012
Freight on Danube is Decreasing
Due to a lower water level, freight transport volume on the river Danube decreased by 10% in 2011.
March 29, 2012
AUA: Workforce Wants Unified Collective Agreements
The trade unions, the workforce of AUA and of Tyrolean aim to reach a unified collective agreement for AUA Group. Already tomorrow negotiations may start.
March 27, 2012
Asfinag to Cut Costs by € 2.8bn
The Austrian highway funding company wants to reduce construction costs by € 2.8bn over the next five years.
March 26, 2012
AUA: Trade Union Terminates Collective Agreement
New controversies arose at Austrian Airlines today. In order to put pressure on AUA´s management, the trade union terminated the collective agreement at the subsidiary Tyrolean.
March 23, 2012
Vienna International Airport to Offer More Incentives
In order to maintain competitiveness, the airport tries to attract more airlines. But also costs will have to be cut.
March 23, 2012
Vienna International Airport Posts Fall in Profits
EBITDA increases 12.4% to € 189.0m. Net profit declines to € 31.6m due to previously announced special effects. VIA´s management gives a positive outlook for 2012.
March 21, 2012
AUA: „Restructuring, Not Breaking Up“
Jaan Albrecht, CEO of Austrian Airlines wants to make the airline competitive again. A new foundation is “no issue”.
March 19, 2012
Lufthansa Claims Exemption of Air Ticket Tax
In order to restructure the Austrian loss making subsidiary AUA, the German airline pushes the Austrian government to abandon the air ticket tax.
March 17, 2012
Lufthansa Grants Capital Injection to AUA
The German Airline raises the capital of the loss-making subsidiary by € 140m with reservations.
March 15, 2012
Losses of € 59.4m at AUA
The original target result of Austrian Airlines was not achieved “due to crises in Japan and Middle East”. The load factor was reduced to 73.8 percent
March 15, 2012
Gebrüder Weiss Achieves Record Turnover
In the 2011 fiscal year, the Austrian transport company Gebrüder Weiss Transport & Logistics recorded turnover in excess of € 1.0bn for the first time.
March 14, 2012
AUA Prepares Transfer of Undertakings
Austrian Airlines increases pressure on its aircrew. The deadline to negotiate the new collective agreements was extended again by one month.
March 14, 2012
AUA: Negotiations Failed
Negotiations between Austrian Airline´s management and the aircrew representation ended without any concrete results. Yesterday, the workforce seemed to be willing to reach a compromise.
March 13, 2012
Vienna Airport Notes 10.3% Increase in Passengers
The number of passengers handled by Vienna Airport rose by 10.3% year-on-year to 1,387,505 in February 2012.
March 13, 2012
AUA: Compromise May Be Reached
After weeks of negotiations, the works council at Austrian Airlines seems to make concessions to the management. Tomorrow, the deadline expires.
March 12, 2012
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