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Transport Industry
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
Importance of Danube as Transport Route Increases
Freight transport volume on the river Danube increased by 18.6% in 2010. Goods receipt rose by 25.4%.
April 1, 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
AUA: Antinori will Finally Not Become CEO
Three days before his planned entry into Austrian Airlines, Antinori surprisingly announced his withdrawal from the Lufthansa Group.
March 30, 2011
Economy: "South Axis” Demands Recovery Program
Styria and Carinthia are at a disadvantage concerning infrastructure compared with other provinces, was the criticism of the Economic Chambers of the "strong south".
March 25, 2011
Flughafen Wien Group: Net profit rises by 3.2%
Revenue: plus 6.4% to € 533.8 m, net profit: € 73.3m. Traffic: plus 8.7% in passengers to 19.7 m
March 25, 2011
Economic Chamber: Austria's Economy in Distress because of ÖBB-Structuring
"Significant price increases and deterioration of rail services will lead to shift of traffic to roads."
March 24, 2011 · Updated: March 24, 2011; 00:49
Gebrüder Weiss Books Persistent Growth
The Austrian transport and logistics company closed the 2010 financial year with a provisional 17.8% increase in turnover compared to the previous year.
March 24, 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
ÖBB: Massive Losses in Ireland
The ÖBB had to write off € 260m because of a sale and lease-back transaction.
March 19, 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
ÖBB Restructuring: "There is no other Alternative"
Christian Kern, CEO of the Austrian Federal Railways (ÖBB) explains his plans to manage the turnaround in an interview with the magazine "Standard".
March 12, 2011
Passengers Still Rising at VIA
Vienna International Airport: Plus 5.1% in passengers during February 2011
March 11, 2011
Kapsch Expects New Orders from the Arab Region
Kapsch emerges as the new GSM-R market leader in the international trade fair Middle East Rail 2011 in Abu Dhabi.
March 2, 2011
Austria as Central Europe’s Logistics Hub
Austria's transport industry shows optimism. The employment situation is expected to improve still further.
March 1, 2011
Massive Increase in Sales and Earnings for Kapsch
The Austrian Kapsch TrafficCom releases results for the third quarter of fiscal year 2010/11. EBIT margin doubled from 4.4% to 9.0%.
March 1, 2011
Major order for Siemens Austria
The Austrian subsidiary of the German electronics group receives a new order from Poland for the construction of underground train sets.
February 26, 2011
WKÖ: "Clear Commitment to the Brenner Base Tunnel is Needed”
The chairman of the Austrian Economic Chamber considers the tunnel between Italy and Austria as a pioneering infrastructure project.
February 23, 2011
Kapsch: In-sourcing from China to Austria
The Viennese Kapsch CarrierCom brings the production of GSM systems from China back to Austria.
February 19, 2011
Vienna International Airport: Third Runway for € 1.8bn
The proposed project is not firm yet, but the estimated costs are between € 1.2 and € 1.8bn due to extensive construction work.
February 12, 2011
Passenger Increase at VIA Continues
Vienna International Airport: Plus 6.7% in passengers during January 2011
February 11, 2011
Car Registrations Rising Considerably
January 2011: New passenger car registrations in Austria increased by 22.5%.
February 10, 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
ÖBB CEO Kern Closes In on Politicians
The CEO of the Austrian Federal Railways (ÖBB), Christian Kern, reacts angrily to accusations made by politicians.
February 5, 2011
The Westbahn Complains Because of ÖBB-Subsidies
In December, the new “Westbahn” (Western Railway) will start competing with the ÖBB (Austrian state railways) which are allegedly being privileged by the government.
February 3, 2011
Siemens Austria Receives an Order for Poland
The Austrian subsidiary of the German technology group will supply 35 trains worth € 272m of the new Metro-generation "Inspiro" to Poland.
February 3, 2011
Privatizations Could Raise up to € 24bn on Vienna Stock Exchange
Especially the privatization of public infrastructure and energy companies could increase the market capitalization of the Vienna Stock Exchange considerably.
February 3, 2011
Kapsch Gains Contract in South Africa
The Austrian Kapsch TrafficCom AG listed on the Vienna Stock Exchange, has been awarded contracts with a volume of € 17m in South Africa.
February 3, 2011
Leitl Demands Support for Brenner Tunnel
The President of the Austrian Economic Chamber considers the Brenner Tunnel infrastructure project as crucial for the business location Austria.
February 2, 2011
EFKON Group Wins Major Contract in South Africa
The Austrian EFKON Group has been awarded a contract to install an Intelligent Transportation System on freeways in South Africa.
February 2, 2011
Kapsch TrafficCom Names new CEO for its North American Operations
The Austrian Kapsch TrafficCom AG names Christopher F. Murray President & CEO of Kapsch TrafficCom IVHS effective February 1.
February 2, 2011
New Advance for Baltic-Adriatic Corridor
The Carinthian Economic Chamber supports the information campaign of Governor Gerhard Dörfler in favor of the Baltic-Adriatic Corridor.
February 2, 2011
Skylink: Judicial Investigations are Presently being Conducted
The final report of the Audit Court on the Vienna International Airport Skylink project has been submitted. Criticism is devastating. Criminal investigations are starting.
February 1, 2011
Kapsch TrafficCom with First Contract Award in Russia
The Austrian Kapsch TrafficCom AG announces that its Russian subsidiary has been awarded an order to equip traffic crossings.
February 1, 2011
Increase in Passengers at Austrian Airports
Every of the six Austrian Airports could record substantial growth in passengers in 2010. Their number rose by 7.9%.
January 31, 2011
New Order in Poland for Kapsch CarrierCom
Kapsch CarrierCom has won the next large order for the deployment of a digital train radio system.
January 28, 2011
Pricing Agreements in Austria's Transport Industry
The Austrian Federal Competition Authority has ncovered two shipping cartels involving several well-known carriers.
January 21, 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
Mixed Results for Linz Airport
2010 ended with a historical record in freight earnings for the “blue danube airport linz” However, regular passenger volumes decreased slightly.
January 15, 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: 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
Austrian Federal Railways Needs € 400m
Christian Kern, CEO of the Federal Raiways (ÖBB), backed up his call for a capital increase.
January 3, 2011
Increase of Debts Slows Down at Asfinag
According to the Austrian motorway company Asfinag, austerity is slowly starting to show results.
January 3, 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
Economic Chamber Criticizes Import Control System
According to the WKÖ, Austrian businesses incur additional costs and bureaucracy by the import control system.
December 27, 2010
Success For Siemens Austria in Norway
The Austrian Subsidiary of the German technology group received orders of 32 ecological threepart subway-trains for the Norwegian capital Oslo.
December 22, 2010
French SNCF Participates in Westbahn Project
The French National Railways acquire a stake of 25% in the Haselsteiner project.
December 17, 2010
Inflation falls to 1.9% in November
According to calculations by Statistik Austria, the inflation rate for November 2010 was 1.9% after 2.1% in October. Price drivers are energy and housing.
December 16, 2010
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