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Airline Industry
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
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
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: 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
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