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Airline Industry


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


AUA: For now, Negotiations Instead of Strikes

At the end of the year, there were still signs of strike for the staff of Austrian Airlines. Now the situation seems to calm down.
January 4, 2011


Poor Outlook for Creditors of SkyEurope

The Austrian-Slovakian airline, which became insolvent in 2009, will only reach a quota of 16%.
January 4, 2011


AUA has to Cancel Flight to the U.S.

Persistent snowstorms in the eastern United States, have forced Austrian Airlines to cancel a flight to New York, as local airports there are closed.
December 27, 2010


AUA: Significant Passenger Growth in November

Austrian Airlines transported 6.8 percent more passengers than 2009/11. Plus 9.9 percent in the first eleven months this year
December 9, 2010


DO & CO - Good Results in a Difficult Environment

The Austrian catering company Do&Co; currently achieves high growth in profits. Globally, Do&Co; however remains a small player.
December 2, 2010


AUA is to Get New Leadership

Austrian Airlines, a Lufthansa subsidiary, is to get the Frenchman Thierry Antinori as its new CEO. The board is to be expanded with this appointment.
November 30, 2010


Vienna International Airport: Strong Growth in Profits and Passengers

The Vienna International Airport (Flughafen Wien) could increase its EBIT by 15%, passengers have risen by 8.3% to 14.87m.
November 25, 2010


Traffic Result of AUA for October: Significant Passenger Growth

Austrian Airlines transported 16.5 percent more passengers in scheduled service than in same month last year. Load factor in October rises to 81 percent.
November 9, 2010


AUA: Massive Criticism of Government

Owing to the flight ticket tax one feels lied to by the politicians. Contrary to promises, there is no support for restructuring. Not even Vienna Airport is immune from criticism.
November 4, 2010


Lauda is Evaluating whether to Move From Vienna

The owner and CEO of the Austrian low-cost airline Flyniki is considering a withdrawal from Austria. He is very upset over the tax on airline tickets to be implemented on January 1, 2001.
November 2, 2010


AUA Flights to Russia Secured

While the problem of AUA landing rights in Russia has been solved for Lufthansa until March, Austria is being accused of breach of contract by the European Commission.
October 29, 2010


AUA Flight Rights in Russia: EU Proceedings Against Austria

Due to the so far preferential treatment of Austrian Airlines in Russia, Austria is now accused by the European Commission of breach of contract.
October 27, 2010


AUA: Licenses in Russia Expire

Austrian Airlines are worried about the landing and overflying rights in Russia. If there is no extension, there is a threat of higher costs.
October 20, 2010


Do & Co Expands Rapidly in Turkey

After the successful expanion with Turkish Airlines, Do & Co plans to enter the event-catering market
October 18, 2010


Austrian Airlines: 11.2% More Passengers

As part of a new strategy, AUA (Austrian Airlines), is targeting especially regular services. Overall, the Lufthansa subsidiary, has transported 8.4 million passengers this year.
October 11, 2010


Lufthansa suspends Linz to Munich flights as from October 31

Lufthansa discontinues its flights from Linz to Munich on October 31, tickets will be transferred or refunded.
October 6, 2010


FACC Grows and Hires

The aircraft supplier FACC, since recently Chinese property, plans to grow further this year. In order to do this, the company needs 150 new employees.
October 1, 2010


Direct Connection with Kabul - Afghan Kam Air Lands in Vienna

The private Afghan airline Kam Air started with the direct flights Kabul-Vienna-Kabul.
September 16, 2010