Air Berlin occupancy rate down as ticket tax dispute continues

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Business

The occupancy rate of FlyNiki’s most important cooperation partner has edged down.Air Berlin, which holds a 49.9 per cent with an option for the total takeover of FlyNiki, said today (Mon) it had 28.79 million passengers between January and October of this year, up by 3.4 per cent year on year.The company, Germany’s second-biggest airline […]

Pair caught growing hash in cellar

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General News

An Upper Austrian couple stand accused of having cultivated marijuana for over 10 years.Police searched the Vöcklabruck flat of the 42-year-old man and his 51-year-old girlfriend after having received an anonymous tip-off.The suspects admitted having grown the banned substance in the basement. Reports have it that they have been selling the drug to addicts for […]

Air Berlin starts Klagenfurt – Dusseldorf connection

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Business

Bosses at Klagenfurt Airport were relieved to hear the announcement that Air Berlin is launching a connection to one of Germany’s biggest airports today (Thurs), while the public debate about a planned tax on flight tickets intensifies.The German low cost carrier, which cooperates with Vienna-based FlyNiki, started operating between the airport in the provincial capital […]

Wienerberger reduces its losses

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Business

Wienerberger AG, the world’s biggest producer of bricks, said today (Weds) it suffered losses of more than 13 million Euros in the first nine months of this year.The Vienna-based company announced losses of 13.5 million Euros between January and September 2010 following losses of 198.2 million Euros in the same period of the previous year.Its […]

RBI ‘eyes Polbank stake’

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Finance

Raiffeisen Bank International (RBI) is considering taking a stake in a Polish bank, it has been claimed.Business newspapers report today (Weds) that bosses of the Austrian institute, which handles Raiffeisenzentralbank’s (RZB) operations in Central and Eastern Europe (CEE), are negotiating placing an offer for a stake in Polbank EFG.RBI refused to comment the reports, while […]

Vienna economy set to rake in €74mn in ball season

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Business

Ball guests’ expenditures will pour more than 70 million Euros into the Viennese economy this winter, according to research.The city’s Economy Chamber (WKW) said today (Mon) ball guests’ spending on tickets, taxi rides and visits to the hairdresser will help the city’s businesses to around 74 million Euros in the upcoming ball season.WKW said it […]

Immigration tops agenda of Fischer and colleagues

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Politics

Integration topics are set to dominate a meeting of the federal presidents of German-speaking Europe in northern Germany.Austrian President Heinz Fischer will meet with his German counterpart Christian Wulff, Swiss President Doris Leuthard and Alois von Liechtenstein, the head of the principality of Liechtenstein, in the city of Lübeck today (Mon).Wulff is expected to raise […]

Austrian industry’s turnover up

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Business

Turnover of Austria’s productive sector improved by more than seven per cent year on year in July, it has been reported.Statistik Austria said today (Fri) the companies in the country’s industrial and construction branch rose by 7.7 per cent to 19.3 billion Euros.The sector’s metal production department did best. The sector’s monthly turnover soared by […]

Austrian unemployment rate edges up

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Business

Austria has failed to retain its position as the Eurozone’s jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commission’s (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]

Cannabis popular among young Austrians as drug death toll rises

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General News

Up to four out of 10 young Austrians have smoked marijuana at least once, it has been announced.The Federal Institute for Health said today (Fri) that 26 per cent of Austrians aged between 20 and 24 said they have tried cannabis, LSD, heroin or other drugs at least once. The body also said just four […]