Dozens of pilots have left Austrian Airlines (AUA) in the past weeks, according to the loss-making carrier’s works committee. Staff representatives said 80 pilots and 170 stewards and stewardesses decided to quit in the recent weeks due to the upcoming contract reform. AUA bosses plan to introduce a new form of contract in July. The […]
Telekom Austria (TA) investor Ronny Pecik has declared himself a team player. The businessman – who cooperated with an Egyptian entrepreneur about increasing his stake in the firm to around 21 per cent over the past months – told radio station Ö1 today (Thurs): “I consider myself a team player. I don’t plan a fire […]
The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry. Christoph Neumayer told the Kurier that the European Union (EU) should concentrate on creating ideal circumstances for its industrial sector. Neumayer claimed such a strategy would help in getting through the economic crisis. The […]
Austria’s biggest airport has managed to increase its profit. Flughafen Wien AG (FW), which manages Vienna International Airport (VIA or VIE) announced yesterday (Weds) that it raked in 21.6 million Euros in the first three months of this year. The company said this was an increase of 9.1 per cent compared to the same period […]
The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD). The Paris-based institution announced yesterday (Tues) that the small alpine state’s economy had chances to do 0.8 per cent better in 2012 than in 2011 before achieving an improvement of 1.6 […]
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman. AUA announced yesterday (Tues) that reservations and passenger numbers were on the rise despite the continuing dispute with pilots and cabin crew. The works council is fighting the planned salary cut of 25 per cent. […]
The city of Salzburg is more popular than ever with tourists from all around the world new figures have shown. The figures from Salzburg tourist officials show that 12 per cent more tourists spent an overnight stay in Salzburg in April 2012 than in April 2011. To date the record year of Salzburg tourism was […]
Joblessness is what worries Austrians the most, a poll regarding European issues shows. Karmasin asked 500 Austrians to reveal which developments they were concerned about. Around 43 per cent identified unemployment. This means that Austrians fear negative trends in this regard more than anything else when it comes to European developments. European decision-makers are at […]
The designated chief of the Institute for Advanced Studies (IHS) has called for an increase of the retirement age. Christian Keuschnigg, who is set to succeed Bernhard Felderer as head of the renowned research group next month, said such a measure would not cause an unacceptable amount of pressure on the Austrian social systems. Keuschnigg […]
Prices climbed by more than two per cent last month. Statistik Austria said yesterday (Weds) the inflation rose by 2.3 per cent, meaning that the average price of predicts and services on offer in Austria climbed to this extent from April 2011 to the same month of this year. This is the lowest rise since […]