Austrian Airlines (AUA) is set to receive fresh capital from Lufthansa while bosses up the pressure on the ailing carrier’s pilots. Lufthansa CEO Christoph Franz said yesterday (Thurs) that the Viennese airline – which was acquired by Lufthansa in September 2009 – would get 140 million Euros. He warned that the money would only be […]
Tag: yesterday
The future of Austrian Airlines (AUA) remains uncertain as negotiations between the firm’s board, Lufthansa managers and works council chiefs have been postponed. AUA boss Jaan Albrecht announced yesterday (Tues) that negotiators decided to continue discussing the various planned reforms until the end of this month. Reports have it that the Austrian Trade Union (ÖGB) […]
Scheiber throws in the towel
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Mario Scheiber has announced his resignation from professional skiing. The 29-year-old from East Tyrol – who looks back on doomed, injury-stricken years – said yesterday (Mon) that his right knee had failed to recover in the past weeks but got worse instead. Scheiber, who did not disclose his plans for the future, came fourth in […]
OeNB boss criticises credit rating agency
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The head of the Austrian National Bank (OeNB) has questioned Moody’s decision to lower the outlook on the Austrian economy’s further development. OeNB Governor Ewald Nowotny said yesterday (Tues) that the government’s 27-billion-Euro budget consolidation package “is a step into the right direction”. He said the rating agency may not have considered the coalition’s measures […]
Church rebels worry the Vatican
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The highest representatives of the Austrian Catholic Church gathered with Vatican officials to speak about a group of priests who declared themselves “disobedient”, it has emerged. The Salzburger Nachrichten newspaper revealed yesterday (Weds) that Viennese Archbishop Christoph Cardinal Schönborn and two other members of the Conference of Austrian Bishops, went to Rome on Monday to […]
AUA announcements alarm employees
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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 […]
A leading Social Democrat (SPÖ) has rejected the People’s Party’s (ÖVP) latest suggestions to economise. ÖVP boss Michael Spindelegger said yesterday (Thurs) that the state could save “more than 10 billion Euros” altogether by 2016 by reducing certain investments. Spindelegger made clear that the agricultural sector would not be spared from austerity measures. However, the […]
Volksbank AG (ÖVAG) plans to dismiss one in five employees in a desperate attempt to avoid going bust. The loss-making bank, which received an emergency injection of one billion Euros from the state three years ago, said yesterday (Thurs) around 250 employees would lose their jobs in the coming months. This figure means that 20 […]
A woman went on a rampage through a hospital in Linz, Austria, yesterday (Tues) with a 15 centimetre knife. Police were immediately called to the scene and prevented any bloodshed. At around 12.15pm police were notified of the woman’s attack. “The woman suddenly jumped out, revealed a knife threatened everyone in the waiting room with […]
Fekter set to clash with provinces
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People’s Party (ÖVP) Finance Minister Maria Fekter is braced for controversial arguments with the financial councillors of Austria’s nine provinces after David Brenner expressed concerns about the government’s debt limit. Brenner – who heads the council of provincial financial councillors – said today (Tues) the federal coalition of Social Democrats (SPÖ) and ÖVP must abstain […]