All Austrian articles
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NewsStrong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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News
Lufthansa Group reports strong forward demand as Q3 profit exceeds €1bn
Lufthansa Group is expecting strong demand for air travel to continue “into the coming months”, despite the economic and geopolitical headwinds faced by the airline industry and wider economies.
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News
Lufthansa to install enclosed first-class suites in new group-wide long-haul cabin
Lufthansa Group has launched the ‘Allegris’ cabin product for its long-haul fleet, which will see its first-class passengers benefit from enclosed suites for the first time.
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News
Austrian trims business-class on 777 fleet to fit more premium-economy seats
Austrian Airlines is to reconfigure its Boeing 777-200ER fleet, shifting the balance away from business-class accommodation in favour of premium-economy. It will remove six business-class seats from each of its six aircraft, in order to increase accommodation in the other cabins. Austrian’s 777s are currently fitted with 306 seats comprising ...
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News
Austrian Airlines receives first A320neo
Lufthansa Group carrier Austrian Airlines has received its first Airbus A320neo following a flight from Toulouse on 13 September. The aircraft (OE-LZN), fitted with Pratt & Whitney PW1100G engines, arrived in Vienna as flight OS1472. It has been delivered with an all-white fuselage and fin, because it is to be ...
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News
Lufthansa Group reports Q2 profit despite disruption keeping airlines in red
Lufthansa Group achieved an operating profit of €393 million ($400 million) in the second quarter of this year and is “optimistic” for the full year, even as disruption-related costs kept its airlines unit in the red. The group’s cargo business was a standout performer for the three months to 30 ...
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News
Lufthansa Group expects to report Q2 profit despite passenger airline loss
Lufthansa Group expects to report an operating profit for the second quarter of 2022, driven by the performance of its cargo and MRO units.
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Analysis
Airline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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News
On International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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Analysis
Airline CEO churn moderated in 2021 – with Canada clearout the exception
Fifteen of the world’s top 100 airlines and groups welcomed new chief executives in the 12 months to early December 2021, according to FlightGlobal’s latest survey, with upheaval among North American airlines a notable theme – and one that is set to continue into 2022.
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News
Ritter takes helm of Lufthansa Airlines as part of wider leadership rejig
Eurowings chief operating officer Jens Ritter is to take the helm of Lufthansa Airlines, while the airline group’s head of corporate responsibility Annette Mann will lead Austrian Airlines as part of a series management changes
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Austrian cites low-cost competition as it outlines tourism-focused 2022 network
Austrian Airlines is planning to focus on leisure destinations in 2022, as it acknowledges likely strong competition from low-cost cost carriers at Vienna airport.
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Lufthansa sees positive trend after returning to profit in third quarter
Lufthansa Group posted a positive adjusted operating profit for first since the pandemic and expects to avoid cash drain in the seasonally tough final quarter of the year.
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Lufthansa Group cites ‘strong bookings’ as cash flow turns positive
The relaxation of travel restrictions in some markets and a consequent increase in bookings helped Lufthansa Group to stop cash outflows during the second quarter.
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News
Austrian fears EU climate proposals will ‘distort competition’
European Commission proposals aimed at reducing airlines’ carbon emissions may harm competition in the bloc while doing little for the environment, Austrian Airlines has warned.
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Ryanair loses Austrian state-aid case
Ryanair has lost a legal challenge against the provision of financial support to Austrian Airlines on state-aid grounds.
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Austrian converts last ‘preighter’ for passenger service
Austrian Airlines is reconverting the last aircraft it had temporarily turned into a freighter during the Covid-19 pandemic, as long-haul passenger services resume.
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Austrian completes phase-out of Dash 8 fleet
Austrian Airlines carried out its last De Havilland Dash 8-Q400 turboprop flight on 31 May, completing the retirement of the type from its fleet.
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News
Austrian to reduce fleet and staffing levels
Austrian Airlines intends to make further cutbacks to its active fleet and headcount, and has warned that it will miss the earnings targets it outlined last year.
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Austrian resumes normal service on London and Tel Aviv flights
Austrian Airlines is resuming normal operation for flights to London and Tel Aviv from Vienna after an easing of Covid-19 related restrictions.
