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Airline Industry

„We Have to Prove Ourselves in 2013“

Jaan Albrecht, CEO of Austrian Airlines, expects that the Austrian subsidiary of German Lufthansa will not need further financial aids from its holding company.

December 29, 2012

Poland: € 100m Aid for LOT

The Polish government grants a massive capital injection for the financially stricken airline.

December 27, 2012

CESEE: Airline Industry in Severe Crisis

The airline industry in East and Southeast Europe faces enormous difficulties. Not only Polish LOT needs immediate help.

December 21, 2012

Poland Grants State Aid to LOT

Poland´s national airline LOT gets financial support of more than € 100m.

December 12, 2012

Austrian Airlines Increases Number of Passengers Carried

Traffic Results from January to November 2012: 1.7 percent more passengers carried. November 2012: Rising passenger volume despite fleet reduced by four aircraft. Positive trend in capacity utilization continues.

December 11, 2012

Austrian Airlines Cuts 150 Jobs

“Austrian Airlines Group sets forth its restructuring process.” the company announces and aims to achieve “further savings through the elimination of duplicate operations.”

December 11, 2012

Austrian Airlines: Up to 100 Jobs to be Cut

In order to reduce redundancies, Austrian Airlines (AUA) wants to streamline its company structure.

December 6, 2012

AUA to Strengthen CEE Network

After Air Berlin decided to reduce the number of flights from Vienna to Eastern European destinations, Austrian Airlines intends to fill the gap.

November 20, 2012

Austrian Airlines: Passenger Number Declines

From January – October 2012: 1.7 percent more passengers were carried. In October, the number of passengers was down slightly.

November 12, 2012

Austrian Airlines: Austerity Program Not Finished

In the first nine months, AUA´s operating income was positive. However, the restructuring process will go on.

November 2, 2012

Austrian Airlines Returns to Profits

AUA´s restructuring programme begins to take hold. The result for 3rd Quarter nearly doubled to € 61m.

October 31, 2012

Austrian Airlines: Number of Passengers Down in September

January-September 2012: 2.1 percent more passengers carried. September 2012: Fewer passengers due to reduction of capacity.

October 10, 2012

Austrian Airlines: Major Investments in Long-Haul Cabin

Austrian Airlines invests over 90 million euros in conversion of long-haul fleet.

October 9, 2012

Austrian Airlines Not Profitable Before 2013

The Austrian subsidiary of Lufthansa will not achieve a positive net income this year.

September 12, 2012

Austrian Airlines Harmonizes its Medium-Haul Fleet

First Airbus A320 to enter operation in fleet renewal lands in Vienna and is expected to be put into operation on 1st October 2012.

September 11, 2012

Austrian Airlines: Moderate Increase in Passengers

Austrian Airlines Traffic Results for August 2012: Targeted capacity adjusted, further improvement of passenger load factor.

September 11, 2012

New Airline for Hungary?

After the insolvency of Malev in March 2012, the Hungarian government is said to promote a new airline.

September 6, 2012

Fewer Passengers at Austrian Airlines

AUA´s capacity utilization rose substantially. Against July 2011, the number of passengers was down by 5.6%.

August 9, 2012

Surprising Profit at AUA

Due to special items, Austrian Airlines could achieve positive results in the first half year of 2012.

August 2, 2012

AUA: Auditors Found Inconsistencies

In 2007, Austrian Airlines should not have recorded a profit, but a substantial loss of € 235m, auditors says.

July 31, 2012

AUA Invests € 80m in Long Distance Flights

Lufthansa´s subsidiary Austrian Airlines upgrades its airplanes. Ten long distance plances will be renewed.

July 30, 2012

„AUA Must Be in the Black Numbers“

For Austrian Airline´s CEO Jaan Albrecht, the implementation of the austerity program and the transfer of undertaking is mandatory.

July 26, 2012

FACC Builds New Technology Center

The Austrian aviation company enlarges its R&D activities. The new technology center should be completed in 2013.

July 16, 2012

AUA: Strong Growth in Passengers to Eastern Europe.

Austrian Airlines traffic results June 2012: Significant passenger growth in the first half year.

July 10, 2012

FACC Achieves Record Turnover

Operating result remains high despite massive increase in development activities. Positive outlook thanks to increasing demand for aircraft and constant development of market position.

July 6, 2012

Austrian Airlines: Operated by Tyrolean

The transfer of undertakings is completed. About 2,000 AUA staff members shifted to the regional airline Tyrolean.

July 3, 2012

Albrecht: „We Will Remain Austrian“

AUA´s CEO explains that about 80% of the reorganization of Austrian Airlines has been achieved. The airline would be on the right way, Albrecht affirmed.

June 23, 2012

Austrian Airlines Records Passenger Growth of 8.0%

Austrian Airlines carried 4,375,000 passengers carried in the first five months of 2012, which is 323,500 more than last year.

June 12, 2012

Albrecht: „Common Collective Agreement in 2012“

The CEO of Austrian Airlines is optimistic to achieve unified collective agreement for the whole workforce. Costs for the transfer of undertakings are expected to reach up to € 90m.

June 9, 2012

AUA: Leaving Pilots Cost € 55m

Because of the austerity package, 118 pilots left Austrian Airlines. CEO Jaan Albrecht wants to bring them back.

June 5, 2012

341 Staff Members Leave AUA

CEO Albrecht underlines that further austerity packages are not excluded. Now, Austrian Airlines faces new challenges.

June 4, 2012

AUA: Last Chance

The loss-making Austrian Airlines has only little time left to achieve the turnaround. Lufthansa´s patience is wearing thin.

May 26, 2012

AUA: 250 Aircrew Member Leave

Until now, 80 pilots and 170 flight attendants decided to leave Austrian Airlines. The deadline runs until the end of May.

May 25, 2012

Malanik Leaves AUA

Executive Board Member Peter Malanik leaves Austrian Airlines.

May 25, 2012

Austrian Airlines Streamlines Organization

The former Swiss executive board member Gaudenz Ambühl will head new flight operations.

May 22, 2012

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