AUA passenger numbers up sharply

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Business

Austrian Airlines (AUA) seems to be back on the road to recovery as it continues to serve more and more customers.AUA said today (Mon) it had 1.1 million passengers last month, up by 11.2 per cent year on year. The airline – which was taken over by Lufthansa last year after it was on the […]

Ramadan diminishes August overnight results

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Business

Ramadan has been identified as the main reason for a dramatic decline of overnight stays by guests from the Arabian region last August.Klaus Ehrenbrandtner, Middle East market manager of the Austria Marketing (ÖW), said today (Fri) there had been a 43.3 per cent drop in overnights by tourists from Saudi Arabia, the United Arab Emirates […]

High Austrian activity in ‘business-friendly’ Turkey

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Business

Around 150 Austrian companies are currently doing business in Turkey, according to the Austrian Trade Commissioner in Istanbul.Marco Garcia said today (Fri) major companies like oil and gas firm OMV, Bank Austria (BA) and electricity provider Verbund have been active in the country.He added Austria was currently the eighth biggest investor in Turkey which, according […]

Austrian hotel prices on the rise

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Business

Hotel prices in Austria have edged up this month, it has been reported.On-line hotel comparison platform Trivago (www.trivago.co.uk/hotelprices) said today (Thurs) a standard double room in Austria cost 115 Euros per night this month, up by three per cent compared to the previous month.This means the price hike which occurred in Austria was less dramatic […]

FlyNiki gets busier between Vienna and Sofia

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Business

FlyNiki ups its efforts to outdo rivals Austrian Airlines (AUA) and Bulgaria Air as it launched a second daily connection between Vienna and Sofia earlier this week.The Vienna-based company headed by Niki Lauda announced today (Thurs) it was now offering two flights a day between the Austrian and Bulgarian capital. FlyNiki has been offering one […]

ÖBB would benefit from higher car fuel tax, says Kern

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Business

Federal Railways (ÖBB) head Christian Kern has claimed that higher mineral oil taxes would be an immense help in the firm’s bid to sell more tickets.The businessman, who previously worked for electricity provider Verbund, told the Salzburger Nachrichten newspaper today (Thurs) he was convinced more people would switch to trains if car fuel taxes were […]

Neckermann struggles as Quelle relaunch ahead

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Business

Mail order company Neckermann Versand Österreich AG suffered losses of more than eight million Euros last year, according to reports from today (Weds).Viennese newspaper Der Standard claims the firm – a subsidiary of German mail order giant Neckermann – also suffered a four million Euro year on year decline in turnover to 84 million Euros […]

Hartlauer reveals expansion plans

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Business

Robert Hartlauer, head of eye wear and electronic goods specialist Hartlauer, has presented plans to open up to 30 new shops.Hartlauer said today (Tues) the firm’s concept is to increase its number of branches from the current 160 to between 180 and 190. A new shop opened in the Vorarlberg town of Rankweil only last […]

Bread price hike ahead

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Business

Customers must brace for higher bread and pastry prices, bakers have warned.The Salzburg Bakers’ Association announced today (Tues) that a “disastrous” harvest has led to an immense increase of flour trade rates.The body also named global speculators as responsible for a 300 per cent price hike for cocoa and a 70 to 80 per cent […]

Another blow for Linz as Lufthansa scraps Munich route

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Business

Provincial political leaders are set to turn their guns on Lufthansa following revelations that the aviation firm is to axe its Linz – Munich service.Local newspaper Oberösterreichische Nachrichten reports today (Tues) that the German company will stop offering flights between Blue Danube Airport in Linz, Upper Austria, and the German city of Munich as of […]