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Airline Industry

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

„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

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 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

„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

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

Emirates: Antinori Wants AUA´s Staff to Switch

The head of marketing at Emirates, Thierry Antinori, wants dissatisfied employees at AUA to change to Emirates.

February 6, 2012

New Savings Package for Austrian Airlines

The Austrian carrier will not receive financial support from its parent company Lufthansa. Staff reductions are not ruled out any longer.

December 2, 2011

Dismal Prospects for Austrian Transport Industry

In spite of satisfying results this year, the domestic transport industry expects worsening conditions in 2012.

November 21, 2011

FACC Builds R&D Center in Upper Austria

The Austrian aircraft component manufacturer invests a total of € 54m in the project. Turnover is expected to increase by 20% to € 330m in the current year.

November 18, 2011

Lauda Leaves FlyNiki

Niki Lauda, founder of the Austrian Airline FlyNiki, sells his 50.1% stake to the German Air Berlin.

November 8, 2011

AUA Claims Relief from Charges

Austrian Airlines seeks to reduce its charges at Vienna International Airport. This is due to the landing rights of the Emirates Airline.

November 1, 2011

Emirates Wins Dispute over Air Rights

The Middle Eastern airline was allowed to offer 13 connections per week from Dubai to Vienna.

October 28, 2011

Lufthansa Holds On Austrian Airlines

The German Airline will keep its Austrian subsidiary despite of persisting losses.

October 15, 2011

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

SkyWork Launches Services to Vienna

The Swiss Airline now provides flights to the Austrian capital.

September 6, 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

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

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

FACC to Build Construction Plant in Russia

The Upper Austrian aircraft component manufacturer and its Russian partner invest a total of € 55m in Kazan. The new plant will supply components for commercial aircraft starting from 2013.

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 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

Emerging Markets Boosting FACC

The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.

June 20, 2011

Expansion Plans at Do&Co;

The Austrian catering company reported strong growth in revenue and earnings. Cash on hand will be used for worldwide expansion.

June 7, 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

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

FACC: New Production Plant in China

The Austrian aircraft component manufacturer is planning the construction of a new site and considering going public soon.

May 23, 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

FACC Reports Substantial Rise in Earnings

FACC AG returned to its planned rate of growth during the past fiscal year by virtue of strong operational business developments. Revenue rose 8% to € 272 m (previous year: € 251 m).

April 30, 2011

AUA: Additional Savings Needed

The restructuring program of AUA is not sufficient to bring the company into positive numbers in view of the events in Japan and North Africa.

April 7, 2011

Sales Increase for FlyNiki

Niki Lauda’s airline achieved strong growth in 2010, regarding both passengers and sales. The EBIT declined however.

March 31, 2011

Dispute between Emirates and AUA

Emirates Airlines accuses Austrian Airlines to work with unfair means against the doubling of Vienna-Dubai flights.

March 23, 2011

Pankl: Operating Profits Rising

Pankl Racing Systems AG confirms preliminary figures for the 15-month period 2009/10. EBIT doubled. sales remained stable.

March 22, 2011

Austrian Airlines Reduces Losses

Loss from operating activities substantially decreased: from minus € 230.9m to minus € 64.7m. Number of passengers grew by 9.7%.

March 18, 2011

FACC is Considering Going Public in Asia

The Austrian aircraft component manufacturer could soon be listed on the stock exchange in China.

March 11, 2011

Lufthansa Increases Pressure on AUA

The German parent company intends to convert the previously loss-making Austrian Airlines into a profitable company at last.

February 18, 2011

More Passengers at Austrian Airlines

Austrian Airlines Traffic Result for January 2011: 2.1 Percent Increase in Passenger Volume. 690,000 flight guests were carried.

February 10, 2011

Vienna International Airport: +8.7% Passengers During 2010

The strongest increase has been recorded in passenger traffic to Eastern Europe and to the Middle East. For 2011, the company expects a 5.0% increase.

January 20, 2011

AUA and Flyniki: Passenger Growth

Austrian Airlines increased its number of passengers by 9.7% in 2010; Flyniki achieved an increase of 29%.

January 13, 2011

Austrian Airlines: Negotiations Finished

The management of the Austrian Airlines and worker representatives agreed to increase salaries slightly in 2011. Thus, strikes will not take place.

January 7, 2011

AUA Staff Ready to go on Strike

The results of the polls are for starting the strike at Austrian Airlines. Should the negotiations fail, the staff is ready to go on strike.

January 5, 2011
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