Austrian Airlines (AUA) made a loss of 35 million Euro in the first half of this year (2013) despite making a profit in the second quarter. The operating profit of 21 million Euro in the second quarter was not enough to balance out the 35 million Euro loss in the first quarter. Thus making a […]
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 […]
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 […]
Austrian Airlines (AUA) head Jaan Albrecht has promised that customers will not be negatively affected by the firm’s contract reform. The supervisory board of the loss-making carrier decided yesterday (Thurs) to annul the contracts of all pilots and cabin crew employees. AUA bosses hope to save 45 million Euros a year that way. Unionists and […]
The future of Austrian Airlines (AUA) remains uncertain as negotiations between the firm’s board, Lufthansa managers and works council chiefs have been postponed. AUA boss Jaan Albrecht announced yesterday (Tues) that negotiators decided to continue discussing the various planned reforms until the end of this month. Reports have it that the Austrian Trade Union (ÖGB) […]
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 […]
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 […]
Austrian Airlines (AUA) chief Jaan Albrecht has asked the airline’s business partners and lawmakers in Austria for help in combating the crisis. Albrecht said yesterday (Tues) he was determined to fly back into the black this year but also made clear that aviation security authorities, Vienna International Airport (VIA or VIE) and other institutions had […]
The new Austrian Airlines (AUA) board chief has revealed plans to “create new alliances”. Jan Albrecht – who was elected by the supervisory board of AUA and its parent firm, Germany’s Lufthansa, yesterday (Thurs) – said he saw “a good opportunity” to approach the new heads of Flughafen Wien AG (FW) about how to cooperate […]
Priceless paintings by an iconic Austrian artist have resurfaced four months after being stolen, it has emerged.Viennese police confirmed today (Weds) that “Architectura Caelestis Monstranz” and “Der Gekreuzigte zwischen dem Versucher und dem Engel der Tröstung” by Vienna School of Fantastic Realism spearhead Ernst Fuchs were placed in the garden of a weekend lodge […]