AUA under pressure as pilots quit

Categories
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 […]

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 […]

VIA mall planned

Categories
Business

Vienna International Airport (VIA or VIE) bosses have spoken about their intention to build a shopping centre. Flughafen Wien (FW) – which operates Austria’s biggest airport – said yesterday (Weds) a 10,000-square metre mall would be constructed in the direct vicinity to VIA in the coming years. The firm said it wanted to set up […]

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 […]

AUA conflict continues as Feitl attacks ÖIAG

Categories
Business

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) […]

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 […]

Funding of KLU under close scrutiny

Categories
Business

Carinthia’s busiest aerodrome may soon have to do without any subsidies. The European Commission (EC) announced yesterday (Weds) it started examining the funding policy of German provinces and the Austrian province of Carinthia. The authority’s competition regulation watchdogs want to find out whether airports which had not been subsidised by provincial governments and city halls […]