Regional airline Air Alps is to be liquidated

Categories
Business

The regional airline Air Alps is to be liquidated. In November flights between Bolzano and Rome were cancelled. Since then they have been trying to attract an investor but this has not been possible the airline announced today. The Austria South Tyrol regional airline is head quartered in Innsbruck, Austria. Over the past months there […]

Pepper spray ends Turkish airline protest

Categories
General News

Police were called after Kurdish demonstrators burst into the Turkish airlines office in the first district of Vienna. In total ten activists stormed the office the Operngasse 3 in the late afternoon and the protest ended when one of the staff at the airline used a pepper spray that left several people hospitalised. The activists […]

No end to AUA argument

Categories
Business

Austrian Airlines (AUA) keep up the fight against the executive board’s plans to cut their incomes. AUA CEO Jaan Albrecht wants to introduce a new contract for the 600 pilots of the struggling carrier. The salary reform would mean a 25 per cent reduction of pilots’ wages. The new contracts would resemble the ones Tyrolean […]

AUA turnaround unlikely despite austerity accord

Categories
Business

Austrian Airlines (AUA) is not expected to make it into the black this year despite the recent agreement between bosses and works council chiefs. The struggling airline’s executive board agreed with works committee leaders to cut pilots’ wages by 25 per cent on average soon. The AUA pilots’ representatives managed to avoid an enforced change […]

Emirates request rejected

Categories
Business

The Austrian infrastructure ministry has dismissed Emirates’ appeal for increased landing rights. The booming airline – which was founded in 1985 – wanted to offer two daily flights between Vienna International Airport (VIA or VIE) and Dubai International Airport (DXB) from Sunday (25 March). Now federal Social Democratic (SPÖ) Traffic Minister Doris Bures rejected the […]

Lufthansa all-clear for AUA capital increase

Categories
Business

Austrian Airlines (AUA) is set to receive fresh capital from Lufthansa while bosses up the pressure on the ailing carrier’s pilots. Lufthansa CEO Christoph Franz said yesterday (Thurs) that the Viennese airline – which was acquired by Lufthansa in September 2009 – would get 140 million Euros. He warned that the money would only be […]

Bierwirth to depart, papers claim

Categories
Business

Andreas Bierwirth is about to leave the executive board of Austrian Airlines (AUA), according to reports. Several Austrian business dailies report today (Fri) that the businessman’s contract will not be extended. The supervisory board of Lufthansa – which rescued AUA from ruin in 2009 – is understood to debate the details of Bierwirth’s departure in […]

AUA tickets to get more costly again

Categories
Business

Austrian Airlines (AUA) has decided to jack up ticket prices – only two months after the most recent increase. The struggling carrier, which suffered a loss of 65 million Euros in each of the past two years, said yesterday (Weds) its kerosene surcharge would increase as of next Tuesday (28 February). The airline explained that […]

Lauda lashes out on AUA over lawsuit

Categories
Business

FlyNiki founder Niki Lauda has harshly criticised a competitor for calling on a court to investigate a decision affecting aviation regulations. It emerged yesterday (Mon) that Austrian Airlines (AUA) filed a lawsuit at the Federal Constitutional Court (VfGH) regarding its number of flights between Vienna International Airport (VIA or VIE) and Ben Gurion International Airport […]

AUA announces austerity package details

Categories
Business

Austrian Airlines (AUA) has confirmed plans to freeze staff’s wages. Speculations about which measures new AUA chief Jaan Albrecht has in mind as part of his cost reduction strategy have made the rounds for some weeks. Now a spokesman for the company disclosed that the plan was to abolish terms in contracts which guaranteed employees […]