New AUA boss warns rivals

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Business

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 […]

Benz tipped for AUA top job

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Business

Karsten Benz may become new boss of Austrian Airlines (AUA). Business newspapers claim today (Tues) that the Lufthansa manager could join the carrier’s two-member executive board. Peter Malanik and Andreas Bierwirth have managed AUA since Lufthansa acquired a majority share two years ago. The German company plans to assign an aviation industry manager to head […]

Wrabetz under scrutiny after reelection

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Politics

Conservative decision-makers are expected to raise the pressure on Alexander Wrabetz after his re-election as head of national broadcaster ORF. Twenty-nine delegates of ORF’s 35-member foundation council confirmed Wrabetz in office after a two-hour hearing yesterday afternoon (Tues). The other members of the council abstained from voting. Wrabetz started his first term in 2006 thanks […]

Strabag snatches Möbius

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Business

Austrian construction company Strabag SE has taken over a port and hydro power and building technology specialist in full. The Vienna-based firm acquired a 70 per cent interest in Josef Möbius Bau AG (Möbius) four years ago. The company, which has its headquarters in Hamburg, carried out projects worth 150 million Euros in 2007, according […]

AUA boss bemoans ‘bad luck’

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Business

An Austrian Airlines (AUA) manager has claimed the struggling company “had lots of bad luck” in the past few months as he warns it will fail to meet previously set goals this year. AUA co-chief Andreas Bierwirth said today (Fri) the loss-making carrier “will not make our initial target” of making a profit this year. […]

AUA pilots angered by €3mn bonus payments

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Business

Austrian Airlines (AUA) works council chiefs are up in arms over revelations that the debt-stricken carrier forked out bonuses of three million Euros last year.Pilot council representatives said today (Fri) decision-makers were threatening their future and the fate of the whole company when they were informed that 150 managers received bonuses of three million Euros […]

Over 110 want VIA top jobs

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Business

A large number of people has signalised interest in two high-profile aviation industry positions, it was reported today (Tues).Flughafen Wien AG (FW) announced that “more than 110” businesspeople handed in their applications for the two vacant executive board positions. The company – which manages Austria’s biggest airport, Vienna International Airport (VIA, VIE) – explained it […]

Erste Bank doubles supervisory board wages

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Finance

Decision-makers at Austria’s biggest bank have been accused of acting greedily by sharply raising supervisory board members’ salaries.The Erste Group Bank AG (Erste Bank) board announced today (Thurs) that each member of the financial institute’s supervisory board will receive 700,000 Euros for its achievements last year, up from half the amount in 2009 when the […]

VIA activity shoots up

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Business

Austria’s busiest aerodrome has experienced an immense passenger increase.Flughafen Wien AG (FW), the listed company managing Vienna International Airport (VIA or VIE), said today (Thurs) there were 1.726 million customers at the airport last month, up by 23.6 per cent compared to April 2010.FW pointed out that VIA was – as many other airports in […]

Intercell names new CEO

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Business

Struggling vaccine developer Intercell AG has presented a new company chief.The Vienna-based research firm said today (Thurs) board member Thomas Lingelbach will take over as CEO next Tuesday (10 May). Current head Gerd Zettlmeissl will leave the company “to pursue other personal and professional interests,” Intercell added.Lingelbach has been the company’s COO since 2006. He […]