Page 3/8

Transport Industry

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

Asfinag Enhanced Profits

In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.

April 26, 2012

Restructuring: Hope at ÖBB

In 2010, Austrian Railways recorded losses of € 330m. CEO Kern could decrease losses to € 28m in 2011. The final turnaround is not achieved yet, Kern says.

April 26, 2012

Scharinger to Enter ÖBB´s Board

The former CEO of RLB Upper Austria becomes supervisory board member at Austrian Railways.

April 25, 2012

Vienna Airport Considers Entering at Bratislava Airport

Bratislava Airport starts a request of proposal for airport operations. Vienna International Airport is interested. In Vienna, the third rope will be built in 2016 at the earliest.

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

Austrian Railways Aims for Expansion in SEE

ÖBB (Austrian Railways) wants to establish a new freight subsidiary operating in Southeastern Europe. In Austria, ÖBB performs better than expected.

April 16, 2012

Gebrüder Weiss Takes Over Spedition Diehl

The Austrian transport and logistics company raises its stake in the German freight forwarder Spedition Diehl to a hundred percent.

April 14, 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

Moderate Passenger Traffic at Vienna International Airport

Vienna Airport: plus 8.6% in passengers during March 2012. Cargo volume continues to decrease.

April 12, 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

Freight on Danube is Decreasing

Due to a lower water level, freight transport volume on the river Danube decreased by 10% in 2011.

March 29, 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

Moderate Rise in Austrian Bilateral Trade with Italy

In 2011, Austrian exports to Italy went up by 8.6% to € 9.3bn. After Germany, Italy is Austria´s second largest trade partner.

March 21, 2012

Vienna International Airport Posts Fall in Profits

EBITDA increases 12.4% to € 189.0m. Net profit declines to € 31.6m due to previously announced special effects. VIA´s management gives a positive outlook for 2012.

March 21, 2012

Lufthansa Claims Exemption of Air Ticket Tax

In order to restructure the Austrian loss making subsidiary AUA, the German airline pushes the Austrian government to abandon the air ticket tax.

March 17, 2012

Lufthansa Grants Capital Injection to AUA

The German Airline raises the capital of the loss-making subsidiary by € 140m with reservations.

March 15, 2012

Losses of € 59.4m at AUA

The original target result of Austrian Airlines was not achieved “due to crises in Japan and Middle East”. The load factor was reduced to 73.8 percent

March 15, 2012

Gebrüder Weiss Achieves Record Turnover

In the 2011 fiscal year, the Austrian transport company Gebrüder Weiss Transport & Logistics recorded turnover in excess of € 1.0bn for the first time.

March 14, 2012

AUA Prepares Transfer of Undertakings

Austrian Airlines increases pressure on its aircrew. The deadline to negotiate the new collective agreements was extended again by one month.

March 14, 2012

AUA: Negotiations Failed

Negotiations between Austrian Airline´s management and the aircrew representation ended without any concrete results. Yesterday, the workforce seemed to be willing to reach a compromise.

March 13, 2012

Vienna Airport Notes 10.3% Increase in Passengers

The number of passengers handled by Vienna Airport rose by 10.3% year-on-year to 1,387,505 in February 2012.

March 13, 2012

Austrian Railways: Hope for RCA

Rail Cargo Austria, the freight division of Austrian Railways (ÖBB) seems to have achieved the turnaround. In 2010, RCA caused losses of € 67m.

March 10, 2012

AUA Posts Rise in Passengers

Austrian Airlines Traffic Result February: Passenger growth by 10.5 percent to 715,300 passengers. In January to February, a slight decrease was recorded.

March 10, 2012

Emirates Tries to Lure AUA´s Pilots Away

As uncertainty among Austrian Airline´s workforce is rising, the marketing officer at Emirates, Thierry Antinory, wants to attract AUA´s aircrew.

March 9, 2012

AUA: Negotiations Go On

Austrian Airlines does not face strikes. Not only AUA´s management is under pressure. Workers fear a new foundation of AUA or a re-sale.

March 5, 2012

Change on Executive Board at Austrian Airlines

Karsten Benz to become new Chief Commercial Officer and succeeds Andreas Bierwirth. The supervisory board will decide on the change of management on 13 March.

March 3, 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

Austrian Railways Looking for Partners

ÖBB (Austrian Railways) wants to re-launch its foreign markets with local partners. After 2008, ÖBB had to downsize operations abroad.

February 28, 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

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