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How Austrian Airlines Intends to Soar Again
In an interview with the Austrian newspaper Presse, Jaan Albrecht, head of Austrian Airlines explains why he had to carry out sudden drastic measures and what the future of the airline should look like.
March 29, 2013
Austria: Tyrolean Administration to Be Relocated
Austrian Airlines is about to relocate Tyrolean’s administration to Vienna along with new managing director Klaus Froese. Around 100 of the total of 400 staff members working in Innsbruck are concerned.
March 28, 2013
Vienna International Airport: Top Score of +127.5 % Net Profit
EBITDA at € 221.m (+17.1%), net profit after non-controlling interests of € 71.9m, dividend: slight increase to € 1.05 per share (2012: € 1.00)
March 20, 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
Slovakia: CPI Remains Constant
In February, compared with January, consumer prices did not change in total. Increase in prices only in Education, Food and Health Industry.
March 14, 2013
Slovak Unemployment Rate on the Rise
In January, compared with January 2012, the employment decreased in five surveyed sectors.
March 14, 2013
Bulgaria: Latest Protests Against Privatizing of Railway
Protesters in three cities gathered to demonstrate against the privatization of the freight division of the Bulgarian state railroads (BDZ).
March 12, 2013
Hungary: Percentage of Foreign Direct Investments in Decline
Foreign Direct Investments in 2012 was 5.2 % less than in 2011. According to the statistical central office in Hungary (KSH), the drop in the last quarter showed even -7.9 %. Massive declines in almost all sectors.
March 4, 2013
Poland: LOT Airline Downsizing Personnel
Due to the restructuring program, the unprofitable airline company has to lay off 360 workers.
March 2, 2013
Hungary Enlarges Railway Network
State Secretary on Foreign Relations Peter Szijjarto announced that MAV (Hungarian Railways) starts its biggest investment program since WWII.
February 28, 2013
Austrian Railways Achieved Net Profit Last Year
For the first time for decades, Austrian railways (ÖBB) could generate profits after taxes.
February 26, 2013
Czech Republic: Trends in 2012
Export and Import Price Indices and Price Indices for International Transport
February 25, 2013
Vienna International Airport: Slight Decrease in Passengers
Vienna Airport: Minus 1.7% in passengers during January 2013. “Unusually heavy snowstorms in eastern Austria responsible for decline.”
February 14, 2013
Turkey Plans to Build World´s Biggest Airport
Until 2017, Turkey wants to build the biggest airport. In total, the new airport will handle up to 150 million passengers.
January 23, 2013
Vienna International Airport: Moderate Increase in Passengers
Flughafen Wien AG: 5.0% increase in passengers to 22.2 million in 2012. For 2013 Vienna Airport expects growth of 1 to 2% in the number of passengers as well as higher revenue and EBITDA.
January 17, 2013
Austrian Railways: Sale is „No Issue”
Christian Kern, CEO of Austrian Railways (ÖBB) underlines that the company must not be sold.
November 24, 2012
Vienna International Airport Improves Results
Positive commercial development at Flughafen Wien AG: first three quarters bring higher revenues and earnings.
November 22, 2012
Strabag Aims to Take Over Italian Highway Operator
The Italian highway operator Milano Serravalla is going to be privatized. The Austrian construction company plans to acquire the majority.
November 7, 2012
Austrian Railways: Net Income to Reach € 200m in Medium Term
Despite the difficult economic situation, CEO Christian Kern aims to increase the profitability further. “The fourth quarter will be brutal.” he says.
October 20, 2012
Vienna Airport: Plus 3.6% in Passengers During September 2012
The number of passengers handled by Vienna Airport rose 3.6% year-on-year to 2,173,656 in September 2012.
October 11, 2012
India and Austria Sign Agreement on Shipping
A Memorandum of Understanding (MoU) on Technology Cooperation in the Shipping and Ports Infrastructure was signed on Wednesday between India and Austria, IBNS reports.
October 5, 2012
City of Vienna Appeals against Third Landing Strip
Vienna Airport: The core shareholder appeals against the result of the positive environmental impact assessment. According to the City of Vienna, this is only due to formal reasons.
September 10, 2012
Austrian Railways: Pöchhacker Opposes to Privatization Plans
Horst Pöchhacker, President of ÖBB´s (Austrian Railways) is against a privatization of the company. Vice-Chancellor Michael Spindelegger (ÖVP) recently suggested to sell ÖBB to Frank Stronach.
September 10, 2012
ÖBB to Become Privatized?
In the summer talks of Austria´s public broadcaster ORF, Vice Chancellor commented that the founder of Magna Frank Stronach should acquire ÖBB (Austrian Railways). A highly controversial debate has begun.
September 8, 2012
Poland as European Logistics Hub
Real estate analysts predict that Poland will become Europe´s logistics hub in 2020.
September 1, 2012
Hungary to Nationalize Energy Industry
Viktor Orban´s government plans to acquire the Hungarian subsidiary of German eon.
August 29, 2012
Vienna Airport: Resistance Against Third Landing Strip
In 2020, 30m Passengers are expected at VIA. Thus, a third landing strip is essential, VIA´s management argues. However, citizen movements oppose to the plan.
August 25, 2012
Vienna International Airport Announces Satisfying Results
Flughafen Wien AG: positive development of revenue and earnings in the first half of 2012. Forecast for expected net profit in 2012 raised to over € 60 million
August 22, 2012
Austrian Railways to Record Profits
In the first six months of 2012, ÖBB (Austrian Railways) has recorded operating profits.
August 16, 2012
Vienna Airport: Small Increase in Passengers during July 2012
The number of passengers handled by Vienna Airport rose 1.8% year-on-year to 2,192,715 in July 2012.
August 14, 2012
„30 Million Passengers in 2020“
In an interview with „Kurier“, VIA´s board member Julian Jäger explains why the third landing strip is essential for Vienna Airport.
August 8, 2012
Austrian Railways „Fit for the Capital Market in a Few Years“
Horst Pöchhacker, chairman of the supervisory board of Austrian Railways (ÖBB) thinks that the transport group will face more competition. A privatization would take time.
August 6, 2012
Austrian Railways to Record Profits Already in 2012
Christian Kern, CEO of Austrian Railways, explains that the company´s restructuring is going on. The results would be better than the expectations.
July 16, 2012
Vienna Airport to Build Third Landing Strip
Vienna International Airport is now entitled to start the construction works oft he third landing strip. The construction works will take two years.
July 11, 2012
Austrian Railways and Hungarian MAV to Cooperate
ÖBB and MAV are said to plan a common expansion strategy in Southeastern Europe.
June 25, 2012
Austria Pushes for Danube Strategy
Together with Germany, Slovakia and Bulgaria, Austria wants to implement a common transport strategy for the Danube.
June 21, 2012
Vienna International Airport Cancels Leases with Sardana
VIA filed legal proceedings against the Indian company. The bankruptcy proceedings should begin soon.
June 13, 2012
Vienna International Airport Satisfied with new Terminal
First week of real-time operations in Check-in 3: over 240,000 passengers handled since 5 June 2012. The number of passengers was up moderately in May.
June 12, 2012
Vienna International Airport Opened New Terminal
The opening of the new Skylink is starting on 5 June 2012. The € 800m investment brings numerous changes for passengers.
June 5, 2012
Russians Push New Railway Line to Vienna
Russian Railways intends to establish an axis between China and Europe.
June 4, 2012
Asfinag Bond Issue Successfully Placed
The Austrian highway financing company has placed a € 1.0bn corporate bond at historically low rates. The bond has a maturity of 20 years.
May 31, 2012
Mixed Results in Austrian Transport Industry
The transport volume in road freight transport increased in 2011 by almost 4.1%. In the rail sector, the transport volume declined slightly.
May 31, 2012
Vienna hosts the 19th World Congress on Intelligent Transport Systems
The 19th ITS World Congress will be held from 22 to 26 October 2012 in Vienna, under the header ITS Vienna 2012 – Smarter on the way.
May 29, 2012
Moderate Increase in Results at VIA
Vienna International Airport increases revenue and earnings in the first quarter of 2012. The management raises the annual forecast for passenger traffic and after-tax profit.
May 23, 2012
Passenger Growth: Vienna Airport Ranks Second
Regarding growth in number of passengers, only Copenhagne Airport could record a higher increase than Vienna Airport.
May 14, 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
Vienna Airport: April 2012 with 9.5% Increase in Passengers
The number of passengers handled by Vienna International Airport rose 9.5% year-on-year to 1,889,786 in April 2012.
May 10, 2012
Massive Demand for Austrian Railway Bonds
The majority of the € 1.0bn bond was placed with high quality institutional investors in Germany, Asia, Austria and France; offering was 3.0x over-subscribed within 30 minutes.
May 10, 2012
New Record In Airline Industry
The Austrian air passenger transport reached an all-time high in 2011.
April 30, 2012
AUA´s Workforce May Decide Against New Collective Agreement
After months of heated debates, the works council and the management agreed on a new collective agreement. The aircrew must approve the agreement.
April 28, 2012
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