AUA: 35 Million Euro loss

Categories
Business

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 […]

AUA reveals first half-year results

Categories
Business

Austrian airline carrier AUA has admitted that between January and June the number of passengers fell by 3% to 5.3 million. In June it was 0.8% less than the same period the year before. Although it is a reduction Austrian Airlines is not alone in seeing a reduction in the number of passenger numbers which […]

Flights to France cancelled due to Europe-wide protest

Categories
General News

Air-traffic controllers across Europe staged a day of protest against the EU plan to unify the European airspace yesterday (Wednesday). There were limited disruptions to Austrian air traffic – the only flights affected were those to and from France. Officials at Vienna-Schwechat’s international airport said that ten links to Paris, Nice and Lyon (France) were […]

AUA ex-staff demanding 50m in pension cash

Categories
Finance

Around 200 former pilots and flight staff from the Austrian Airlines AUA  are  threatening legal action in order to get their share of the company’s pension fund paid out in advance. Unless the firm agrees to settle it is looking likely that the first legal case over the demand will take place in February. According […]

AUA under pressure as pilots quit

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Business

The number of pilots and stewardesses leaving Austrian Airlines (AUA) because of the upcoming pay cuts is on the rise. The works council announced yesterday (Tues) that 110 pilots and 200 stewards and stewardesses quit in the past weeks. They did so to evade the enforced salary cuts, according to staff representatives. Final figures for […]

Pay cuts scare off AUA pilots

Categories
Business

Dozens of pilots have left Austrian Airlines (AUA) in the past weeks, according to the loss-making carrier’s works committee. Staff representatives said 80 pilots and 170 stewards and stewardesses decided to quit in the recent weeks due to the upcoming contract reform. AUA bosses plan to introduce a new form of contract in July. The […]

AUA rules out Whitsun travel chaos

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Business

The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman. AUA announced yesterday (Tues) that reservations and passenger numbers were on the rise despite the continuing dispute with pilots and cabin crew. The works council is fighting the planned salary cut of 25 per cent. […]

Austrian Airlines expanding

Categories
Business

Lufthansa subsidiary Austrian Airlines (AUA) has plans to expand once the current savings have come into effect. But according to AUA-managing director Karsten Benz they said they would be looking to add new destinations and new partners. He is also keen to have longer destinations, And he said that an additional 10 long-distance routes would […]

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 […]