All Austrian articles – Page 3
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NewsAustrian to halve 767 fleet and remove all A319s
Lufthansa Group carrier Austrian Airlines is to halve its Boeing 767 fleet and withdraw all seven of its Airbus A319s as part of a strategy to adjust to reduced demand in the wake of the coronavirus crisis. Austrian had already been planning to remove 18 Bombardier Q400 turboprops by 2021, ...
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NewsLufthansa retires six A380s early for reduced post-crisis fleet
Lufthansa is prematurely phasing out six Airbus A380s as part of fleet cuts across the airline group in preparation for an operational restart with reduced capacity when the coronavirus crisis recedes.
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NewsLufthansa Group parks 700 aircraft in crisis response
Lufthansa Group is unable to predict how much its profit will fall this year as it confirmed a 95% capacity reduction to battle the coronavirus outbreak. “At present, no one can foresee the consequences,” notes chief executive Carsten Spohr in a statement accompanying 2019 earnings. “We have to counter this ...
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NewsBank expects Lufthansa Group to make €1.5bn operating loss in 2020
Credit Suisse is forecasting that Lufthansa will make an operating loss of €1.5 billion ($1.7 billion) this year, and is advocating a move toward leasing aircraft as a means of improving the group’s cash position. The bank had previously predicted an adjusted EBIT of €2.2 billion. Source: Austrian ...
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NewsLufthansa to cut short-haul operations by up to a quarter to counter coronavirus
Lufthansa Group is to cut its short and medium-haul operations by up to 25% in the coming weeks as it moves to counteract the air travel impact of the coronavirus.
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Lufthansa ramps up group cost-cutting measures
Lufthansa Group is accelerating restructuring efforts at its cargo division and subsidiaries Austrian Airlines and Brussels Airlines as the company faces pressure on earnings, particularly in Europe, and increased fuel costs.
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Austrian receives A320 to begin Q400 replacement
Austrian Airlines has taken delivery of the first of 10 additional Airbus A320s that will be introduced to replace its Bombardier Q400 turboprop fleet by 2021.
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NewsStar carriers reinforce post-Adria links to Slovenia
Lufthansa Group is to establish further connections to the Slovenian capital Ljubljana in the wake of Star Alliance partner Adria Airways’ collapse.
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Airline BusinessANALYSIS: How racing legend Lauda disrupted the airline industry
Austrian motorsport star Niki Lauda, who has died aged 70, will be remembered with the aviation industry not just for his racing achievements but also for the airlines that bore his name and sought, over several tempestuous decades, to challenge the dominance of his nation's flag carrier and ultimately Lufthansa ...
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Austrian upgrades A320 cabins with new luggage-bin doors
Austrian Airlines is retrofitting its Airbus A320-family fleet with new overhead bin doors to increase passenger luggage space in the cabin.
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Airline BusinessANALYSIS: Alitalia's two years in administrative limbo
Two years on from Alitalia's filing for administration, the fate of the Italian flag carrier still hangs in the balance.
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Airline BusinessANALYSIS: Low-cost carriers vie for dominance at Vienna
At the beginning of 2018, Vienna International airport could count itself among a select group of European hubs that had remained largely unaffected by the low-cost carriers' onward march.
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PICTURE: Lufthansa teases with Swiss and Austrian 787s
Lufthansa Group has indicated that its Swiss International Air Lines and Austrian Airlines divisions could end up operating some of the company’s newly-ordered Boeing 787-9s.
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Austrian plans Vienna fightback
Austrian Airlines has committed to "fighting back" against low-cost rivals at Vienna airport by strengthening its European route network, in particular increasing frequencies to Germany.
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PICTURES: Austrian goes back to the ‘80s with A320 retrojet
Austrian Airlines has joined the “retrojet” club with the introduction of an Airbus A320 adorned with the livery the carrier flew in the 1980s.
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PICTURE: A321 is first Austrian Airbus to be rebranded
Austrian Airlines has introduced into service the first Airbus type adorned with its new livery.
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Lufthansa 'well prepared' for more competition at Vienna
Lufthansa is "well prepared" for the arrival of additional competition at Vienna airport, argues the airline group's finance chief Ulrik Svensson.
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Lufthansa cites 'stressful' period at Eurowings as Q2 profit dips
Lufthansa Group has reported an operating profit down 3.2% at €983 million ($1.15 billion) for the second quarter, citing a "stressful period" for Eurowing.
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IAG to create Level-branded new carrier with ex-Air Berlin A321s
IAG is to establish a new Austrian-based low-cost carrier under its Level brand this summer, using four Airbus A321 narrowbodies sourced from now-defunct Air Berlin.