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 […]

Ryanair to axe Frankfurt – Vienna link

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Business

Ryanair announced today (Weds) it will stop operating flights between Frankfurt and Klagenfurt from next March.The Irish no frills airline explained its decision to axe the route connecting the German city and the Carinthian capital as a reaction to the German government’s decision to levy a tax of eight Euros on tickets for flights from […]

Ticket tax ‘may slash FlyNiki turnover by €10mn’

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Business

FlyNiki CEO Niki Lauda has claimed the new ticket levy could decrease his firm’s 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 […]

Passengers to bear the brunt as government introduces flight ticket tax

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Business

Airlines have vowed to pass extra costs on to customers after the government’s announcement to set up a tax on tickets.The federal coalition of Social Democrats (SPÖ) and People’s Party (ÖVP) announced on the weekend it will charge every ticket for a flight from Austria to another European country with eight Euros from next year. […]

Anger as government eyes mineral oil tax increase

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Business

Car clubs have turned their guns on the government over plans to raise taxes on mineral oil (MöSt).ÖAMTC said today (Thurs) the coalition of Social Democrats (SPÖ) and the conservative People’s Party (ÖVP) was “lacking ideas” in its attempts to restore the state budget as government officials hinted towards higher MöSt from next year.The motorists’ […]

Steinbrück attacks Austrian government over budget delay

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Politics

Former German Social Democratic (SPD) Finance Minister Peer Steinbrück has criticised the Austrian Social Democrats (SPÖ) for holding back information on the 2011 budget after two provincial elections took place.The Austrian SPÖ government and the conservative People’s Party (ÖVP) controversially announced it would wait until December to reveal possible higher or new taxes and cuts. […]

Swiss say Austrian tax evasion whistleblower killed himself

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General News

An Austrian tax evasion whistle-blower who was found dead in a jail cell in Switzerland hanged himself, it has been announced.Swiss officials said today (Thurs) an autopsy has shown that Wolfgang U. committed suicide by hanging himself with a TV cable. They also said that he left a farewell note, but refused to reveal what […]

‘Austrian tax evasion whistleblower’ dies in Swiss jail

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General News

An Austrian tax evasion whistleblower has been found dead in his prison cell, a local newspaper has claimed.Kronen Zeitung revealed today (Fri) the Tyrolean passed away in his cell in a jail in Winterthur, Switzerland.The Vienna daily claimed Swiss authorities have refused to give out any further information on the incident. It also reports that […]

Austrian jobless rate still lowest in EU

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Business

Austria has retained its title of being the European Union’s (EU) jobless rate model pupil.The European Commission’s (EC) statistics body Eurostat found that Austria still had the lowest unemployment rate among the EU-27 with 4.3 per cent, followed by the Netherlands where 4.5 per cent of residents were out of work in August.The agency also […]