Company • EUR 150 million in state aid to cover coronavirus-related losses; ecological requirements imposed• EUR 150 million injection of equity capital by Lufthansa• EUR 300 million as bank loans to be repaid by 2026• Rescue package designed to ensure…
Company • Austrian Airlines to resume regular flights after an interruption of close to 90 days• Restart focuses on European destinations and Tel Aviv• Steady ramp-up of the flight offering, about 40 destinations in the flight schedule by the end…
Company • Successful conclusion of negotiations with the Ground Works Council today• Key issues paper for cabin crew signed yesterday• COO Ritter: “Can retain as many employees as possible during the crisis” Following yesterday’s agreement between Austrian Airlines with representatives…
Company • Break in operation for another week• Slow restart in June under review Due to worldwide travel restrictions caused by the corona pandemic, the demand for air travel is still low. The Austrian federal government announced yesterday that the…
Company • Break in operation for another two weeks• Slow restart conceivable for June at the earliest• CCO Andreas Otto: “Observing demand, empty flights to be avoided!” Due to worldwide travel restrictions caused by the Corona pandemic, there is still…
Company • Passenger seats from two B777s are currently being removed• Expansion will increase freight capacity by around 35 percent Regular flight operations at Austrian Airlines are suspended since March 18, due to the Corona crisis. The Austrian national airline…
Company • Demand development: Significantly dampened demand expected in the medium term, pre-crisis level not expected again for several years• Fleet: new start planned with around 80% of the previous capacity Flight operations of Austrian Airlines have been temporarily at…
Company • Short-time work will be continued for a further month from April 20, 2020• All 7,000 employees will remain on short-time work until May 19, 2020 Due to the global developments in connection with the Coronavirus and the continuing…
Company • About 7,000 stranded passengers have been brought home safely• Airlift to Asia: more than 400 tons of protective clothing transported up until now• Austrian Airlines stands ready for a slow relaunch depending on travel regulations Unfortunately, worldwide entry…
Company • Christina Foerster to chair the Supervisory Board as successor to Harry Hohmeister• Detlef Kayser succeeds Michael Niggemann as Deputy Chairman• The Supervisory Board will continue to consist of six members Several personnel changes in the composition of the…
