AUSTRIA: NEW PLANES FOR AUSTRIAN AIRLINES
Article Abstract:
Austrian Airlines (AUA) is inaugurating three new Airbus A320 aircraft as part of the Sch 20bn fleet modernisation programme. In the coming years, Airbuses are to replace MD-80 machines, among other things. To signal its entry to the Star Alliance effective from the summer schedule (26 March), AUA had two of its planes decorated with the logo of the Star Alliance on the tail and those of its members on the fuselage. The other planes will merely bear a relatively small Star Alliance inscription to replace that of AUA's former Qualiflyer alliance.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: AUSTRIAN AIRLINES FIGHTS BACK
Article Abstract:
In order to reach break-even in the full year 2001, Austrian Airlines (AUA) is to sell aircraft, increase prices, freeze recruitment and adjust flight capacities. In the first half of 2001 the group made a loss of EUR 72.4mn, compared with a profit of EUR 41mn in the whole of 2000. In January-June 2001, AUA passenger numbers grew 5.5% to 4.062mn, but load factor declined.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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Austria: Job losses at Austrian Airlines
Article Abstract:
Austrian Airlines' shares fell by 5.6% as the announcement was made that there will be 800 redundancies by the end of 2002 at the Austrian Airlines Group, comprising Austrian Airlines (AUA), Lauda Air, Rheintalflug and Tyrolean Airways.The management of the group and of the individual airlines within it are also cutting their salaries by 15%. Other measures will also be taken to save money including the abolition of holiday credits and undisclosed "structural measures". The cuts have been made to combat the crisis in the industry following the events of 11 September 2001.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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- Abstracts: AUSTRIA: COUNTER PURCHASES FOR SIKORSKY HELICOPTERS. AUSTRIA: OFFERS SOUGHT FOR INTERCEPTOR FIGHTERS. AUSTRIA: POLITICS TO SETTLE HELICOPTER ORDER?
- Abstracts: ALGERIA: NEW OPENINGS PLANNED FOR NATEXIS BANK. AUSTRIA: LESS MONEY IN SAVINGS ACCOUNTS. AUSTRIA: ANONYMOUS ACCOUNTS TO BE ABOLISHED
- Abstracts: AUSTRIA: TENGELMANN/LOWA SELLS MAGNET STORES. FRANCE: ITM SELLS PROCOMARCHE OUTLETS. FRANCE: AUCHAN'S PROJECTS