Read the latest headlines about developments in the international transport industry in Vienna and Austria
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Vienna International Transport Industry News

ÖBB: Layoff of 100 executives and 1,000 administrative jobs

In order to save the financially strongly ailing ÖBB, it is being set on a course of austerity by the new boss, Christian Kern, who has been appointed on Friday. 100 executive and 1,000 administrative jobs are to be cut within the next three years.

September 10, 2010

Kapsch TrafficCom's South African subsidiary wins contract worth EUR 17.5 million

TMT Services and Supplies, the South African subsidiary of Kapsch TrafficCom has been awarded a contract by the City of Johannesburg worth approximately EUR 17.5 million.

September 2, 2010

Verbund - Fight over capital increase further delayed

The controversy over Verbund capital is likely to prolong. Infrastructure Minister Doris Bures will continue to insist on her initial position.

August 26, 2010

Kapsch TrafficCom returns to profit zone

The listed “tolls specialist” has doubled its sales to almost €66.3m ($83.88) in the first quarter.

August 25, 2010

Causa ÖBB - Verbund as top priority

Verbund AG wants to increase its equity, the federal government as majority shareholder will support the plan, which will be discussed, in tomorrows Council of Ministers.

August 23, 2010

Airports International - third capital repayment

This third capital repayment follows the initial capital repayment amounting to €2.25 per certificate at the beginning of June 2009, and the second capital repayment amounting to €0.70 per certificate at the end of October 2009.

August 18, 2010

OIAG to become an infrastructure holding

The OIAG aims to become an infrastructure holding company. The federal real estate company (BIG), Verbund (energy), Asfinag (infrastructure) and parts of the ÖBB (railway) will be slowly integrated in an ÖIAG structure.

July 23, 2010

Union speaks of "death blow" for Austrian Railway

In the context of the forthcoming increase of capital of Verbund hydro electrical plants could be bought from the Austrian Railway Network ÖBB.

July 15, 2010

Austrian Post boss Pölzl - No loss of customers, banking business is running normally

Post boss George Pölzl defends himself against allegations of the works council that Post is suffering of customer flight.

June 16, 2010

Austrian Post - Customers are leaving

Staff representative of the Austrian Postal Service sees the closure of branches as main reason for the negative results of Post.

June 15, 2010

Fresh money for upcoming infrastructure projects

If it was for the BZÖ party, parts of the ÖBB should by privatised by being listed.

June 10, 2010

Skylink-time and on budget-holding

Listed “Flughafen Wien” sticks to its initial statement that completion and commissioning of the terminal expansion Skylink will be expected in the first half of 2012.

June 10, 2010

Change at the ÖBB top - Kern replaces Klugar

The current Verbund manager Christian Kern takes over the top job of Peter Klugar at Österreichische Bundesbahnen (ÖBB).

June 7, 2010

Lauda wants to sue Republic of Austria

FlyNiki boss Niki Lauda wants to sue the aeronautical authorities of the Republic of Austria for damages because of the loss for his airline due to the bans as a result of the Icelandic ash cloud.

May 31, 2010

Lufthansa and AUA launch cargo subsidiary in Vienna

The two subsidiaries, Lufthansa Cargo, Lufthansa and Austrian Airlines (AUA) have established a joint cargo subsidiary in Vienna.

May 27, 2010

ÖBB (Austrian Nationalised Railway) - Bures: Save three billion €

Infrastructure Minister Doris Bures announced structural adjustments of various railway projects. As for the Brenner Base Tunnel, long-term financing is difficult to secure.

May 25, 2010

Austrian Airlines expands long-haul capacity

Austrian Airlines is expanding the long-haul capacity in its 2010/2011 Winter Schedule.

May 21, 2010

Austrian Post at a glance

The market environment faced by Austrian Post in the first quarter of 2010 continued to be difficult. Electronic substitution of letters is ongoing, as expected, whereas the advertising market is slowly improving.

May 20, 2010

Austrian Post with a 33.4 million profit in first quarter

The total revenue decreased by 1.6 per cent to €585.6m. Compared to last year 912 workers were fired. Future developments are hindered by difficult market situations.

May 20, 2010

Welcome Air to expand its flight network

According to the Austrian Times, Tyrolean airline Welcome Air announced today that it would expand its flight network by autumn this year.

May 19, 2010

Kapsch TrafficCom releases results for fiscal year 2009/10

Kapsch TrafficCom AG reported an increase in consolidated revenues at a reduced EBIT but at a clearly increased profit before as well as after tax in fiscal year 2009/10 as compared to the same period in the previous fiscal year 2008/09.

May 18, 2010

Saving energy with trams - Research Project EcoTram 3000 mwh to be saved

While trams are getting more and more comfortable they do require significant amount of energy for heating and cooling. The new project EcoTram aims to combine comfort and energy efficiency.

May 18, 2010

Austrian commercial aviation - 2009 a difficult year

In 2009 commercial aviation registered 22,6m passengers (including transit), 2.1m less passengers (8.5 per cent) compared to 2008. Airfreight decreased by 2.5 per cent or 209,200.3 tonnes while air mail also declined by 10.1 per cent.

May 18, 2010