
Austria
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Civil aviation in Austria is dominated by the Austrian Airlines Group and focused on the main hub at Vienna International Airport. The Austrian Airlines Group comprises Austrian Airlines, Lauda Air and Tyrolean Airways among others. NIKI is Austria’s largest LCC and is part of the Air Berlin Group.
The authority for civil aviation in Austria is the Federal Ministry for Transport, Innovation and Technology (BMVIT), while Austro Control GmbH is the air navigation services provider for Austrian airspace. The Department for Aviation Policy "works to improve Austria’s integration with international aviation systems, taking particular account of the aviation industry’s specific interests".
Location of Austria
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810 total articles
InterSky sees pax & revenue growth from consolidation of services
Korean Air closes US Ex-Im loan for one 777F delivery on 06-Feb-2012
Lufthansa Group expands Budapest network
OLT to launch four seasonal services to Heringsdorf from Basel, Bremen, Munich and Vienna
airberlin to join oneworld from 20-Mar-2012
Austrian Airlines to resume Libyan service from 25-Mar-2012
Intersky to have new strategic partner
Air Alps to resume operations from 01-Feb-2012
Air Alps ceases operations but seeking to maintain operating licence
Swedish Government extends international contract with SAS
Austrian Airlines to freeze employee wages
TAV introduces premium service at 43 airports worldwide
6,131 total articles
Changes - and perhaps conflict - ahead for Austrian Airlines as it seeks a return to profitability
Austrian Airlines is facing a testing period after posting operating losses of well over EUR100 million (USD129 million) over the past two years. The carrier, under the leadership of new CEO Jaan Albrecht, is aiming to return to profitability in 2012 but significant changes will have to occur for this to become a reality. Austrian has stated that it suffers from multiple historical structural disadvantages, forcing it to implement a restructuring programme to stabilise the carrier and ensure its future “once and for all”. But rumblings from staff suggest this might not be plain sailing.
Cost reductions reaching EUR200 million (USD255 million) in 2012 are going to be key factors in the airline’s mission to return to the black. This year will also see continued uncertainty in the airline’s focus markets, with the crisis in the Eurozone and increased expenses resulting from the European Union’s Emissions Trading Scheme likely to affect plans at the carrier.
Star Alliance unveils common economy class seat
Star Alliance has completed its development of a common long-haul economy class seat its member airlines can avail themselves of. The B/E Aerospace seat is approximately 30% lighter than existing seats, and 15,000 of them will be installed by the end of 2012 on long-haul aircraft from Air China, Austrian and Lufthansa, the three initial customer airlines. Installation will begin in the northern hemisphere's 2012 summer.
Lufthansa earnings fall 27% as outlook deteriorates further
Germany’s Lufthansa Group, Europe’s largest airline group by revenue, reported a 27% drop in third quarter (three months to 30-Sep-2011) operating profit as “the macroeconomic environment darkened significantly” in the period. The group warned the economic gloom is showing no signs of abating and due to an ugly forward bookings profile, Lufthansa is again slashing future capacity plans.
The airline breathed a sigh of relief as the third quarter result pushes the airline back firmly into the black in the YTD period. Although the result “does not have us jumping for joy,” CEO Christoph Franz said, Lufthansa is profitable while many “competitors are struggling to make figures that are not in the red”.
Encouraging 1H2011 earnings from Zurich, Vienna and Schiphol not merely explained by ash cloud
Zurich, Vienna and Amsterdam Schiphol (Group) airports have revealed their 1H2011 financial results. The first two are dominated by Lufthansa, which owns their respective national airlines. All three report revenue increases of up to 10% though that is at least partly explained by the negative effect of last year’s ash cloud, while EBITDA increased by between 15% and 34%.
Munich Airport reports record traffic, north & west Germans seek alternative airports to avoid taxes
Munich Airport continued its impressive gains throughout the first half of 2011 by notching up a six month passenger traffic record. It comes at the same time as the government’s tourist tax has begun to drive German passengers in the north and west of the country over the border into the Netherlands to avoid it.
European airlines ramp-up capacity to China
Asia Pacific, particularly China, is one of the current destination hotspots for European carriers, with connections between Europe and China improving in recent months and over the past couple of years. The initial focus was obviously on providing connectivity between key European hubs and the capital city of Beijing, with services to Shanghai also quite extensive, although a number of carriers are adding service to secondary, albeit still large destinations in China, such as Chengdu, Guangzhou, Hangzhou, Nanjing, Chongqin, Urumqi, Sancha, Dalian and Harbin.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.
- Buy a CAPA Membership now!
- Contact us for a demonstration of the CAPA Membership service!
- Call us on +61 2 9241 3200.





