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Airline Industry

Ryanair's Austrian Subsidiary Laudamotion Renamed to Lauda

The Austrian Ryanair subsidiary, the low-cost airline Laudamotion, has separated from the name "Motion" for marketing reasons and is now called only "Lauda". In addition, the fleet will be expanded and more destinations will be served.

March 22, 2019

Vienna in Airport Ranking only in Midfield

According to a comparative study entitled "Airport Worldwide Rankings 2018" with 141 airports surveyed worldwide, Vienna International Airport occupies only 49th place.

March 5, 2019

Austrian-Israeli Economic Relations - 20% Increase in Exports

On the occasion of the official state visit of Federal President Alexander Van der Bellen and the accompanying business delegation of the Austrian Chamber of Commerce, the issue of the actual state of economic relations has arisen. The Austrian-Israeli foreign trade volume amounted to 568 million euros in 2017, with a trade balance surplus for Austria of 229 million euros. The Chamber of Commerce reports that Austrian exports to Israel increased by 20.3% in 2017. The trend seems to have continued in 2018. More than 600,000 overnight stays by Israeli tourists make Israel one of the top nations in Austrian tourism statistics.

February 4, 2019

Irish Ryanair Acquires Austrian Laudamotion Completely

The Austrian Niki-Airline successor Laudamotion has now been taken over 100% by Ryanair. Ryanair last held three quarters of the shares of Laudamotion. No information was given about the price for the remaining 25 percent.

January 29, 2019

Vienna Airport Surpasses 27 Million Passengers for the First Time

Vienna International Airport was able to handle 27 million passengers for the first time last year, a year-on-year increase of 10.8%. The top destinations were London, Moscow and Bangkok. 74 airlines serve 205 destinations in 71 countries. In the ranking of airlines as measured by their share of overall passenger volume, Austrian Airlines was followed by Eurowings (incl. Germanwings), the easyJet Group, Lufthansa and Laudamotion. The increase in the number of passengers in 2019 is estimated at 10%.

January 28, 2019

Japan's Largest Airline ANA Expands Service Between Tokyo and Vienna

The Japanese ANA - All Nippon Airways relies on Vienna as its European hub for business flights to Germany, Switzerland, Italy and Poland and is expanding its range of services as a result of the facilitation provided by the Japan-EU Economic Partnership Agreement (EPA).

October 31, 2018

Austrian Airlines - More Women in the Cockpit and Daily Flights to Tokyo

Become one of the few female pilots at Austrian Airlines. A total of 100 fully-trained pilots are currently being sought. As part of its expansion, Lufthansa's subsidiary intends to significantly increase the proportion of women pilots. The airline is also expanding its services to Tokyo, namely six weekly flights from March 2019 and daily flights during the 2019 summer timetable.

October 25, 2018

Austrian Airlines Celebrates 60th Birthday

Austrian Airlines Österreichische Luftverkehrs Aktiengesellschaft was founded on 31 March 1958. This week, 2,500 guests celebrated the 60th birthday of the red-white-red airline in the hangar at Vienna Schwechat Airport.

May 25, 2018

Austrian Budget Airline LaudaMotion: Fighting the Top Dog Lufthansa

LaudaMotion is to become a powerful low-cost airline. Ryanair ultimately intends to acquire a 75 percent stake. From June 2018, a total of 65 routes are to be served from Vienna, from seven German airports (Berlin/Tegel, Cologne, Düsseldorf, Frankfurt, Munich, Nuremberg, Stuttgart) and from Zurich to the Mediterranean region and to the Canary Islands.

March 30, 2018

Ryanair Acquires 75 Percent of LaudaMotion

The Irish low-cost airline Ryanair is paying 100 million euros for the share. Ryanair will initially take over 24.9 percent of Laudamotion and intends to increase it to 75 percent, subject to the approval of the EU competition authority. The airline founder will continue to be in charge.

March 20, 2018

Air India to Fly Daily Between Vienna and New Delhi

India's national passenger carrier Air India launched direct non-stop flight operations between Vienna and Delhi, India.

March 31, 2016

Transport & Logistics - DB Schenker Opens New Logistics Center in Belgrade

DB Schenker will be moving into a new logistics center near Belgrade/Serbia at the beginning of 2015. The center will offer customers the technology for specialized logistics solutions.

August 29, 2014

Tonight Emirates Will Take the First Airbus A380 to Vienna

Emirates airline will operate a one-off A380 service to Vienna, celebrating 10 years of flying to Vienna International Airport.

May 26, 2014

Emirates: The Air Rights Quarrel Between Austria and UAE Continues

The Arab airline demands considerably more landings in Vienna.

May 23, 2014 · Updated: May 24, 2014; 16:15

Polish Airline LOT Staves off State Aid

Because of the effective restructuring measures, the airline carrier has fended off the need for a capital injection by the Polish state, accordint to Deputy Treasury Minister Rafal Baniak.

October 15, 2013

Croatia: Not Plans of Privatizing State-Owned Companies

Croatian government denies it planned to privatize 28 large state-owned companies.

October 14, 2013

Slovenia: Privatization Program to Boost FDI?

The government of the financially ailing country is forced to privatize a substantial part of the publicly held companies. Prime Minister Bratusek hopes foreign direct investments to increase.

September 20, 2013

Turkish Airlines Not Interested in Croatia Airlines

The Turkish airline carrier has denied rumors of acquiring states at Croatia Airlines.

September 11, 2013

Transport & Logistics - DB Schenker to Expand its Operations in Croatia

Simultaneously with the accession of Croatia into the EU, and thus the abolition of customs borders between Croatia and the EU countries, Schenker positions itself on that market as a potential logistics partner.

September 3, 2013 · Sponsored Content

Polish Airline LOT Puts Pressure on Boeing

Polish carrier LOT is threatening Boeing with claims for compensations. Dreamliner purchased by the airline company were faced with weeks of grounding due to a series of technical problems. Losses are estimated in the amount of up to € 25m.

August 23, 2013

AUA Posts Positive Operating Result

Austrian Airlines´operating result was up by EUR 20 million in the first half-year.

August 2, 2013

China: Big Plans for Ljubljana Airport

China Southern, Asia’s biggest airline company, plans to establish a hub in Ljubljana for SEE.

July 24, 2013

Good Outlook for Austrian Airlines

CEO Jaan Albrecht thinks that the Austrian subsidiary of German Lufthansa will record positive results this year.

July 22, 2013

Austrian Airlines: Ongoing Upward Trend

Traffic Results of Austrian Airlines for June 2013: Ongoing Upward Trend in Capacity Utilization

July 11, 2013

Slovenia: Privatisations to Attract Investors

15 companies set for privatisation in Slovenia.

July 1, 2013

Austria: Change on Supervisory Board of Austrian Airlines

The Annual General Meeting today decided to make a change on the Supervisory Board of Austrian Airlines AG:

June 28, 2013

Slovenia Expects Economic Recovery As Soon As 2014

On Saturday, the Slovenian Finance Ministry expressed its confidence that the newly adopted action plan would help stabilize public finances and help gain economic recovery despite of Fitch’s downgrade.

June 24, 2013

Last Try to Save Polish Airline LOT

Poland’s National Treasury starts a final attempt at saving Polish Airlines LOT.

June 21, 2013

AUA „Makes Good Progress“

Chairman of Lufthansa Christoph Franz is confident that the Austrian affiliate Austrian Airways (AUA) will be able to make the turnaround in time.

June 20, 2013

AMAG to Provide Aluminium for Airbus

Listed aluminium manufacturer AMAG received a major order by defence and aerospace company EADS.

June 13, 2013

Slovenia: Commission’s Target to Be Achieved in September

Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.

June 6, 2013

Slovenia: NKBM Still In the Reds

Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.

May 31, 2013

Poland: Alterated Restructuring Plan for LOT

LOT alters restructuring plan, expects more public aid

May 29, 2013

Croatia: Plans For Croatian Airlines’ Bankruptcy

The Croatian government has started planning in case of its national carrier declaring bankruptcy.

May 21, 2013

Croatia: PM Warns Of Croatia Airlines’ Downfall

Prime Minister Milanovic stresses the need to make changes to guarantee a future for the airline company.

May 17, 2013

Turmoil At Croatian Airlines

Employees of the carrier have been on strike for the third day in a row. Numerous flights, including air travels to Austria, had to be cancelled.

May 16, 2013

Poland: Rescue Loan for LOT Approved

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

May 16, 2013

AUA: Increased Capacity Utilization in Europe

Traffic Results for April 2013: Increased capacity utilization in Europe

May 14, 2013

Slovenia Pressed to Take “Swift and Decisive” Actions

On Monday Eurozone Finance Ministers warned Slovenia to take “swift and decisive” action to address its economic imbalances.

May 14, 2013

Poland: LOT Ready To Be Privatized

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

May 14, 2013

Gazpromneft-Aero Signed Major Contract With Turkish Airlines

Gazpromneft-Aero signed a long-term contract with the Turkish airline transport company to refuel all flights.

May 8, 2013

Croatia: Pushing Ahead With Croatia Airlines Restructuring

Despite of protests of employees restructuring measures will be continued.

May 3, 2013

Croatia Airlines To Cancel Flights After Staff Went On Sick Leave

Croatia Airlines had to cancel 13 flights on May 1, after 25% of the airlines staff went on a sick leave, in what the heads of the airline consider a protest against changes to employment conditions.

May 2, 2013

Austrian Airlines: Worse Results Than Expected

Results of the first quarter of 2013: Austrian Airlines improves earnings by EUR 11 million only.

May 2, 2013

Cyprus Airways Threatened With Bankruptcy

According to Cyprian newspaper Fileleftheros, Cyprus Airways is about to fold.

April 4, 2013

CSA: Korean Air Gets In

The South Korean airline will take over the publicly held stake in the loss-making Czech carrier.

March 16, 2013

Austrian Airlines Records Profits

Due to one-time effects, the Austrian subsidiary of Lufthansa returns to the profit zone. Austrian Airlines expects the final turnaround in 2013.

March 14, 2013

Number of Passengers Goes down at Austrian Airlines

The passenger number declined by 3.8%. January-February 2013: passenger load factor up 3.2 percentage points.

March 13, 2013

CSA: Korean Air as Only Bidder

The Korean airline company aims to take over the publicly held stake in Czech Airlines (CSA). Korean Air only offers € 2.64m.

March 7, 2013

Czech Airlines May be Taken Over by Korean Air

The Korean airline company aims to take over the publicly held stake in Czech Airlines.

March 5, 2013
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