Graz Airport passenger figures edge up as cargo volume soars

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Business

Graz Airport bosses blamed the ash cloud-enforced cancellations for failing to break the one million passenger hurdle last year.CEO Gerhard Widmann announced today (Tues) that the airport, which is located around 10 kilometres outside the city centre of Graz, recorded 990,118 passengers in 2010, 4.4 per cent more than in the previous year.But Widmann pointed […]

Air Berlin defies ash cloud and snow chaos

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Business

Air Berlin managed to raise its passenger figures despite the ash cloud and chaotic weather conditions last year.The company, which cooperates with Austrian FlyNiki, said today (Tues) it had 33.6 million customers in 2010, 3.8 per cent more than in the previous year. Air Berlin explained FlyNiki’s passenger numbers were considered in its annual business […]

Trust poll shocks quarrelling government

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Politics

The Austrian government has suffered heavily over the level of trust it enjoys, a new poll shows.Research firm Karmasin found that 67 per cent of Austrians have less trust now in the joint administration of Social Democrats (SPÖ) and the conservative People’s Party (ÖVP) than they had one year ago.The agency, which spoke to around […]

Many young Austrians plan to fork out more on holidays

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Business

Almost one in three young Austrians plan to spend more on their holidays next year, a poll has shown.Insurance agency Generali, which spoke to around 1,000 Austrians, announced today (Tues) that 26 per cent of Austrians aged 30 or younger will increase their holiday budget in 2011 compared to investments on vacations this year.Only 19 […]

Austrian has fourth-highest per capita GDP in EU

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Business

Austria has made the top five in a spending power survey among European Union (EU) member states.Eurostat, the European Commission’s (EC) statistics authority, announced today (Weds) that Austria has the fourth-highest per capita gross domestic product (GDP) among the EU’s 27 member countries with 124 per cent.Luxembourg came first in the survey with 271 per […]

Eurozone troubles pose bigger risk than EE, says Treichl

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Finance

Erste Bank boss Andreas Treichl has revealed he is more concerned about developments in the Eurozone than about developments in Eastern Europe (EE).The banker said today (Fri): “The biggest risk for us, the financial service providers, is the insecurity about the debt rates in the Eurozone and how they can be covered in the coming […]

OECD forecasts economic recovery

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Business

The Austrian economy will develop better than the Eurozone average, the Organisation for Economic Co-operation and Development (OECD) has predicted.The international organisation said today (Fri) that the Austrian gross domestic product (GDP) will grow by two per cent annually between this year and 2012.The OECD added it expected the Eurozone’s economy to grow by just […]

Diesel fuel price hits new high

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Business

Motorists’ unions are infuriated as petrol prices continue to soar.Car club Arbö said today (Thurs) one litre of diesel fuel cost an average 1.138 Euros in Austria as of this morning.”This is the highest price in two years,” the body pointed out, adding that a further rise was expected for next year when mineral oil […]

VIA passenger figures soar as ticket tax nears

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Business

Vienna International Airport (VIA) has raised its passenger figures prediction for this year as numbers continue to climb.VIA said today (Thurs) it registered 1.83 million passengers last month, up by 11.4 per cent compared to October 2009. The airport, which recorded a 13.8 per cent year on year increase in customers back in September, explained […]

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 […]