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 […]
Austria’s biggest aviation company will not be back in the black by the end of the year, managers have confirmed. Austrian Airlines (AUA) – co-chiefs Peter Malanik and Andreas Bierwirth said today (Thurs) – achieved a profit in the third quarter but suffered a loss so far this year nevertheless. They explained that AUA’s loss […]
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 […]
Austrian Airlines (AUA) has failed to find the runway to recovery, latest business performance figures show.The airline sustained a loss of 63.5 million Euros in the first three months of this year, only down slightly compared to the same period of last year (64.7 million Euros).The carrier, which has its headquarters in Vienna, had an […]
Bregenz-based airline InterSky had significantly more passengers last year than in 2009.The company announced today (Fri) it registered 250,000 clients in 2010, up from 185,000 in 2009 and 210,000 in 2008. InterSky said it wanted to grow further, but “will only invest money which we earned.”The carrier, which focuses on business travellers, said its target […]
Austrian Airlines (AUA) managed to reduce its losses last year.The struggling carrier suffered a loss of 64.7 million Euros in 2010, it was announced yesterday (Thurs). The airline stressed this was a significant improvement compared to the previous years loss of 230.9 million Euros.AUA, which reduced its workforce from more than 7,000 to around 5,900 […]
FlyNiki CEO Niki Lauda has claimed the new ticket levy could decrease his firms annual turnover by 10 million Euros.The businessman, who founded airline FlyNiki in 2003, said today (Tues): “I expected FlyNiki to have four million passengers this year. The tax might reduce our customer number by 100,000. This would mean 10 million Euros […]
FlyNiki ups its efforts to outdo rivals Austrian Airlines (AUA) and Bulgaria Air as it launched a second daily connection between Vienna and Sofia earlier this week.The Vienna-based company headed by Niki Lauda announced today (Thurs) it was now offering two flights a day between the Austrian and Bulgarian capital. FlyNiki has been offering one […]
Christoph Franz has been appointed new Lufthansa boss.The aviation firm announced yesterday (Tues) that the 50-year-old German businessman will succeed Wolfgang Mayrhuber as of the beginning of next year.Mayrhuber, who was born in the Upper Austrian town of Waizenkirchen, started working for Lufthansa in 1970. He has headed the firm that has its headquarters in […]