Austrian Airlines (AUA) sweeps until the end of 2021, up to 800 Points. The management announced on Thursday at Vienna airport. As a reason, the Lufthansa subsidiary called the tough price war with several low-cost airlines at Vienna. AUA-chief financial officer Wolfgang Jani said the cuts should succeed mainly through natural attrition.
a Year would leave the company so 200 to 250 employees. The airline currently has a little more than 7000 employees. Overall, with an extensive austerity package should be saved in the future, 90 million euros a year.
The duel with Lauda
published by The Lufthansa subsidiary on Thursday and also contained a profit warning as losses in the total not be ruled out of the year. In addition to the large competition from low-cost airlines also increased kerosene would have pushed the cost on the balance sheet. The consolidated operating result (Ebit) after the first three quarters, with only 14 million euros – a decrease of 88 percent compared to the same period last year. The AUA was able to increase the number of passengers even at six per cent to 11.2 million.
The Lufthansa subsidiary in Vienna with a great competition to low-cost airlines faced, and expects for 2020, with a further aggravation of the Situation. Especially Lauda, the is 100 percent owned by Ryanair, with the ouch for a hard fight. Ryanair boss Michael O’leary made clear that Lauda is supposed to overtake according to his ideas, in five years, the AUA.
the Irish takes low-cost airline in Vienna is currently also higher losses than originally planned. “Mr O’leary is mistaken if he believes that Lauda can overtake in five years, the BOO-BOO”, replied BOO-BOO-in-chief Alexis von Hoensbroech on Thursday. (fal/sda)
Created: 07.11.2019, 13:37 PM