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Jaan Albrecht

Austrian Airlines: Alexis von Hoensbroech Succeeds Kay Kratky as CEO

Alexis von Hoensbroech is to become the new Chairman of the Executive Board of Austrian Airlines. The current AUA CEO Kay Kratky, whose contract ends in July, is leaving the company.

April 11, 2018

AIRail: New Type of Rail Connections Between Linz and Vienna International Airport

From 14 December 2014, Austrian Airlines and ÖBB are to launch a cooperation entitled ‘AIRail’ on the Linz central station – Vienna Airport – Linz central station route. In future, Austrian passengers with an Austrian flight either preceding or following their rail journey will also be able to use new ÖBB connections with an Austrian flight number between Linz central station and Vienna Airport.

June 16, 2014

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: Worse Results Than Expected

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

May 2, 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

„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

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: 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 Not Profitable Before 2013

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

September 12, 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 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

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

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

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

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

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

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

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: Workforce Wants Unified Collective Agreements

The trade unions, the workforce of AUA and of Tyrolean aim to reach a unified collective agreement for AUA Group. Already tomorrow negotiations may start.

March 27, 2012

AUA´s Insolvency Becomes More Probable

German newspapers report that Lufthansa could establish a new Austrian airline company. AUA could be left then.

March 2, 2012

Board Member Bierwirth Leaves AUA

Andreas Bierwirth, member auf Austrian Airline´s management board, will exit. It is supposed that the austerity package caused controversies within AUA´s management.

March 2, 2012

AUA Delays Extraordinary Supervisory Board Meeting

AUA´s management has not reached a compromise with its staff yet. As a new collective agreement is still missing, the supervisory board meeting has been postponed by March 13.

March 1, 2012

AUA: Time Pressure Grows

Only eight days are left for the management of Austrian Airlines to agree on a new collective agreement with the employees. An acceptable solution for both sides may be barely found.

February 21, 2012

AUA: Atmosphere on the Brink

Austrian Airlines is endangered to face persisting disputes. The conflict between the management and the works council sharpened further.

February 17, 2012

Conflict Between AUA´s Management and Staff Escalates

2,300 employees of Austrian Airlines are endangered to be forced to switch to another collective agreement. AUA hopes to reach an agreement.

February 15, 2012

AUA: Resistance of Workforce Could Be Given Up

After serious warnings of the management of Austrian Airlines, the works councils are ready to talk about new collective agreements.

February 11, 2012

Growing Nerviness at AUA´s Workforce

The workforce at Austrian Airlines feels uncertainty. Even a bankruptcy is feared.

February 8, 2012

Unions Protest Against AUA´s Plans

Austrian trade unions are strictly against new austerity measures at Austrian Airlines. Management wants to negotiate over new collective agreements.

January 12, 2012

Austrian Airlines Records High Losses

Against previous expectations, the Austrian subsidiary of Lufthansa could not improve its results in 2011 compared to 2010.

January 10, 2012

AUA Sharpens Austerity Measures

The Viennese business location Austrian Airlines, a subsidiary of Lufthansa, has to become cheaper, says Lufthansa´s CEO Franz.

December 14, 2011

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

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

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
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