Olympic Airlines to cut Vienna service

Categories
Business

Olympic Airlines has announced plans to stop offering flights to Vienna.The Greek aviation firm explained today (Weds) the decision was part of a company-internal restructuring process.Olympic Airlines was recently kept by the European Commission (EC) from merging with local rival Aegean Airlines.Now Olympic Airlines said, it would reorganise its schedules as a consequence. The airline […]

AUA gets €50mn earnings command

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Business

German aviation giant Lufthansa expects its affiliated firm Austrian Airlines (AUA) to achieve earnings of 50 million Euros this year, it has been claimed.Business newspapers in Austria and Germany reported today (Thurs) that bosses of the German airline told AUA’s board they want to see it make operative earnings of 50 million Euros in 2010. […]

Air Berlin says 2010 loss likely

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Business

Air Berlin has suffered losses last year, according to estimations made yesterday evening (Weds).The airline, which cooperates with Austria’s FlyNiki, announced its could have suffered operative losses “of a one-digit million-Euro sum”. Air Berlin explained the extreme winter weather in November and December and the strike of air traffic controllers in Spain last month were […]

FlyNiki aims partnership with Emirates

Categories
Business

Austrian low-cost carrier FlyNiki is considering a cooperation with Emirates, it has emerged.Asked to comment on reports in the Austrian media that his airline wants to team up with the Dubai-based aviation giant, FlyNiki CEO Niki Lauda said today (Thurs): “I’m open towards all sides and options – including Emirates.”Business newspapers have it that the […]

Textiles tycoon challenges AUA

Categories
Business

A textiles industry businessman has vowed to succeed Austrian Airlines (AUA) in offering flights between St. Gallen-Altenrhein Airport and Vienna International Airport (VIA).Bosses of the St. Gallen-Altenrhein Airport, which is located just a few kilometres from the Swiss-Austrian border, cancelled their cooperation with AUA last October. They explained AUA must stop its service as of […]

AUA – Lufthansa deal a ‘success’ and ‘very good solution’

Categories
Business

Austrian Industry-Holding Stock Corporation (ÖIAG) head Peter Michaelis has claimed that the sale of Austrian Airlines (AUA) to Lufthansa was a “success”.The Austrian government coalition of the Social Democrats (SPÖ) and the People’s Party (ÖVP) assigned ÖIAG to sell a major stake of AUA when it became clear that the airline was at risk of […]

Lufthansa boss says VIA is expensive and inefficient

Categories
General News

Outgoing Lufthansa chief Wolfgang Mayrhuber has launched a scathing attack at Vienna International Airport (VIA) – and stressed that Austrian Airlines (AUA) must stop making losses.The businessman, who will be succeeded by Christoph Franz as head of the leading airline next month after seven years in charge, said yesterday (Thurs) VIA had the “highest possible […]

AUA works council infuriated by board enlargement

Categories
Business

Austrian Airlines (AUA) staff representatives have criticised the decision to increase the number of co-chiefs of the airline.The company’s supervisory board announced yesterday (Weds) that Thierry Antinori will take over as new head next April. The Frenchman will take over the marketing agendas from Andreas Bierwirth who currently cooperates with fellow board member Peter Malanik […]

FlyNiki partner Air Berlin names new supervisory board boss

Categories
Business

Hans-Joachim Körber has been appointed new supervisory board chairman of budget airline Air Berlin.Company boss Joachim Hunold announced today (Tues) that the former head of wholesale retailer Metro AG will succeed Johannes Zurnieden by the beginning of next year.Zurnieden, who owns travel company Phoenix, will keep his Air Berlin shares. Hunold stressed Zurnieden will also […]

Kuwait´s Wataniya Airways launches Vienna service

Categories
Travel

Wataniya Airways has launched a new service to the Austrian capital Vienna, the Kuwaiti national carrier has announced.The service will run three times a week on Wednesdays, Fridays and Sundays, a statement by the airline said.Vienna is the carrier’s 11th destination and its second European destination launched since the airline began operations in January 2009.