AUA gets €50mn earnings command

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Business

German aviation giant Lufthansa expects its affiliated firm Austrian Airlines (AUA) to achieve earnings of 50 million Euros this year, it has been claimed.Business newspapers in Austria and Germany reported today (Thurs) that bosses of the German airline told AUA’s board they want to see it make operative earnings of 50 million Euros in 2010. […]

Lufthansa boss says VIA is expensive and inefficient

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General News

Outgoing Lufthansa chief Wolfgang Mayrhuber has launched a scathing attack at Vienna International Airport (VIA) – and stressed that Austrian Airlines (AUA) must stop making losses.The businessman, who will be succeeded by Christoph Franz as head of the leading airline next month after seven years in charge, said yesterday (Thurs) VIA had the “highest possible […]

Lufthansa supervisory board chief wants Mayrhuber as successor

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Business

Outgoing Lufthansa boss Wolfgang Mayrhuber may become the head of the airline’s supervisory board, according to growing rumours.Current supervisory board head Jürgen Weber said at a business event in Hamburg yesterday evening (Mon) that he hopes the Austrian will succeed him when he retires in 2013.Mayrhuber, who has been head of the German aviation giant […]

Lufthansa upset by Austrian ticket tax

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Business

Lufthansa boss Wolfgang Mayrhuber has appealed to the Austrian government to remain a reliable partner – and pull out from setting up a tax on flight tickets.The Austrian businessman, who will retire as head of the German airline by the end of this year after having been in charge since 2003, said today (Fri) that […]

Mayrhuber’s future unclear as Franz set to take over

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Business

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 […]