Austrian Airlines

Uniform_1958-69

The History and Development of Austrian Airlines

Austria established the world’s first regular international air connection on 1 April 1918, when it opened its route between Vienna and Kiev. Initially, this served only to transport post. In July 1918, the line from Vienna to Budapest was also opened.

On 14 May 1923, the first aircraft to be operated by ÖLAG (Österreichische Luftverkehrs AG) flew from Vienna to Munich. ÖLAG soon expanded to become the fourth-largest airline in Europe. Following the occupation of Austria in 1938, ÖLAG was forced to cease operations.

When Austria regained sovereignty over its airspace in 1955 with the signature of the State Treaty, two separate carriers were founded, Air Austria and Austrian Airways. Neither of the two began operating flights at this stage. On 4 April 1957, the two companies finally merged to form a single airline, Austrian Airlines.

On 30 September 1957, Austrian Airlines AG was founded, and the new company began to operate scheduled services on 31 March 1958.

The following is an overview of the most important milestones in the company’s history to the present day.

  • 1950-1960
  • 30.09.1957
    Austrian Airlines were founded with a capital of ATS 60 million.

    31.03.1958
    Start of flight operations (first service: Vienna - London) with four chartered Vickers Viscount 779.

    01.03.1960
    Inauguration of 6 Vickers Viscounts 837, replacing the chartered Vickers Viscounts 779

    20.02.1963
    Inauguration of the first jet, a Caravelle VI-R.

    29.08.1967
    Austrian Airlines' share capital is increased to a total of ATS 290 million.

  • 1970-1980
  • 18.06.1971
    Delivery of the first of nine DC-9-32.

    17.09.1971
    The last Vickers Viscount is sold, Austrian Airlines have now only jets in their fleet.

    16.11.1972
    The stock capital is raised to ATS 1 billion.

    26.06.1974
    A new maintenance base for Austrian Airlines is set up at the Vienna Airport.

    28.04.1975
    Inauguration of the electronic reservation system OSCAR

    13.10.1977
    The board of directors places an initial order for eight DC-9-80. This aircraft type is well known as the MD-80.

    26.10.1980
    First commercial flight of the DC-9-81, LDR from Vienna to Zurich.

    13.06.1988
    The Austrian Airlines-share is introduced at the Vienna stock exchange

  • Most recent history
  • 01.07.1990
    DDr. Anton Heschgl / Erich Mara / Dr. Herbert Bammer / Dipl.Ing. Georg Urbanski are appointed to the Managing Board.

    01.07.1993
    Dr. Herbert Bammer / Mario Rehulka form the two-man Managing Board of Austrian Airlines.

    26.12.1996
    Introduction of the uniforms in the new Corporate Design.

    12.03.1997
    Austrian Airlines take a share of 36% in Lauda Air .

    10.12.1997
    Austrian Airlines increase their share in Tyrolean Airways to 85.7 %.

    23.03.1999
    Austrian Airlines increase their share in Tyrolean Airways to 100 %.

    20.04.1999
    Austrian Airlines flights can be booked "online" via Internet.

    25.05.1999
    Increase of capital stock from ATS 2.6 to 3.4 billion.

    06.03.2000
    Farewell of the last Austrian Airlines Airbus A310 - one of the first real red-white- red spacious jet.

    26.03.2000
    Austrian Airlines join Star Alliance.

    31.01.2001
    Austrian Airlines raise their interest in Lauda air to 54.6% by acquiring voting capital shares.

    15.02.2001
    Austrian Airlines announce the take-over of 100% of Rheintalflug shares.

    01.10.2001
    Vagn Soerensen is nominated Chief Executive Officer (CEO) and Mag. Thomas Kleibl as Chief Financial Officer (CFO).

    15.10.2001
    Dr. Josef E. Burger is nominated Chief Commercial Officer (CCO) and Dr. Walter Bock as Chief Operations Officer (COO).

    14.11.2001
    Austrian Airlines raise their interest in Lauda to 99% by acquiring voting capital shares.

    06.06.2002
    Austrian Airlines raise their interest in Lauda to 100%

    01.10.2002
    Rheintalflug is integrated into Tyrolean Airways at 100%

    16.09.2003
    Announcement of new branding ("Austrian", "Austrian arrows" operated by Tyrolean, "Lauda Air")

    28.03.2004
    Start of “Focus East”: with all together 38 destinations in Central- and Eastern Europe the Austrian Airlines Group is market leader in this area.

    25.02.2006
    Austrian announces Annual Result for 2005 with an EBIT of EUR -100 Mia and an adjusted EBIT of -52 Mio.

    01.05.2006
    As of April 1, 2006 Alfred Ötsch is appointed Member of the Managing Board of the Austrian Airlines Group and becomes Chief Executive Officer as of May 1, 2006.

    28.06.2006
    Peter Michaelis is elected as new chairman of the Supervisory Board of the Austrian Airlines AG. He is taking over the function from Rainer Wieltsch, who will be Second Deputy Chaiman of the Supervisory Board in the future.

    27.07.2006
    The fist new equipped Boeing 777, OE-LPB, is taking off with the new Austrian business Class leeper seats.

    01.11.2006
    The Supervisory Board of Austrian Airlines approves acceleration of long-haul restructuring and fleet harmonisation. Austrian will cut the Airbis A330 fleet, which consists of four long-haul aircraft, starting in 2007.

    02.11.2006
    The extraordinary general Meeting of shareholders approves a capital increase of Austrian Airlines Österreichische Luftverkehrs AG.

    01.12.2006
    Capital increase with approximately EUR 367 Mio offer volume successfully completed. Final offer price with EUR 7,10 per share fixed.

    11.12.2006
    Austrian flies to Erbil/Iraq as first european airline.

    19.01.2007
    Once again new passenger-record: 10,8 Mio passengers in 2006.

    07.03.2007
    Austrian announces Annual Result for 2006 with an EBIT of EUR -89 Mio. Adjusted EBIT: -8,3 Mio.

    25.04.2007
    Clear improvement of the results in 1st quarter 2007 with an EBIT of -19 Mio EUR and passenger growth of +6% in 2006.

    30.09.2007
    Executive Vice President Dr. Josef E. Burger (Chief Commercial Officer) resigns from the Austrian Airlines Management Board.

    08.10.2007
    The austrian Airlines Group moves into the new head Office: 900 employees relocate from Vienna-Oberlaa to the Vienna-Airport.

    10.12.2007
    At the ordinary Supervisory Board Meeting the Supervisory Board appointed Dr. Peter Malanik as Chief Operations Officer (COO) with effect from 1st January, and Dr. Andreas Bierwirth as Chief Commercial Officer (CCO) from 1st April 2008.

    09.01.2008
    Austrian announces following new flights to Sochi and Nizhniy Novgorod from April 2008. With this action Austrian stregthens its position as worldwide second biggest airline concerning numbers of destinations in Russian-traffic.

    12.03.2008
    Chief Financial Officer Thomas Kleibl takes initiative in amicable of his Board of Management contract.

    12.03.2008
    The Supervisory Board of Austrian Airlines AG acknowledges in its meeting the participation of the Saudi-Arabian Austrian businessman sheikh Mohamed Bin Issa Al Jaber in Austrian Airlines AG by way of a capital increase with full subscription rights of the existing sharholders.

    12.03.2008
    Austrian Airlines announces a positive Net Result 2007 with 3,3, Mio EUR.

    31.03.2008
    Austrian Airlines celebrate their 50th anniversary (first flight to London 31.03.1958)

    15.7.2008
    A new era starts for Business Class passengers on flights to Central Asia and the Middle East: Business Class passengers will enjoy the Austrian Premium Service, which combines Austrian Hospitality with Oriental flair, on flights between Vienna and Astana, Damascus, Teheran, Dubai, Erbil, Cairo and as of October also to Jeddah and Riyadh.

    12.8.2008
    The Austrian Government issues the privatization mandate for the Austrian Airlines Group.

    13.8.2008
    With announcements in the Austrian daily paper "Wiener Zeitung" and the European issue of the English paper "Financial Times", Österreichische Industrieholding Aktiengesellschaft (ÖIAG) has started today the tender process for selling its shareholding in Austrian Airlines.

    15.9.2008
    Opening of the "Vienna Aviation Campus". The newly constructed training centre combines all training facilities at one location. The training building provides a connection between the simulator centre of Lufthansa Flight Training and the already existent Flight Safety and Security Center (mock-up hall) of Austrian Airlines.

    3.12.2008
    The Supervisory Board of Deutsche Lufthansa AG approves a bid to purchase Austrian Airlines. Lufthansa will initially acquire the 41.56 per cent share in Austrian Airlines AG held by Österreichische Industrieholding AG.

    5.12.2008
    The Supervisory Board of ÖIAG gives a green light to the sale to Lufthansa of ÖIAG´s share in Austrian Airlines. The signing of the contract took place after a meeting of the Supervisory Board of ÖIAG. Execution of the contract concluded depends in particular on the suspensive condition of a resolution by the Council of Ministers of the Austrian Federal Government, and approval by the European Commission of the contract under Competition Law, and of restructuring aid of EUR 500 million being paid by the Republic of Austria.

    30.1.2009
    Alfred Ötsch resigns as Chief Executive Officer as of 31 January 2009. Subject to the consent of the Supervisory Board, his duties on the Board of Management will be taken over by the COO Dr. Peter Malanik and CCO Dr. Andreas Bierwirth.

    11.2.2009
    Opening of transaction enquiry by European Union, beginning with assistance procedure.

    8.5.2009
    Opening of competition enquiry by European Union.

    28.8.2009
    European Commission approves takeover following intense negotiations, along with restructuring assistance of 500 million euros.

    3.9.2009
    Closing. Agreement signed in Vienna with new partner, Lufthansa. Austrian Airlines becomes member of Lufthansa Group. Lufthansa Group consequently becomes largest airline in Europe.

    24.8.2011
    Conversion of Austrian short- and medium-haul fleet completed

    9.22.2011
    Jaan Albrecht appointed as new CEO of Austrian Airlines

    2.3.2012
    Karsten Benz is the new CCO Board of Austrian Airlines, Andreas Bierwirth leaves the company

    31.5.2012
    Austrian Airlines to join Austrian’s and Lauda Air’s leisure businesses

    5.6.2012
    Austrian Airlines moves into the new Austrian Star Alliance Terminal (check in 3).

    1.7.2012
    Flight operation are concentrated in the 100 per cent subsidiary Tyrolean Airways.

    11.9.2012
    Start of the harmonization of the medium-haul fleet with the landing of the first new Airbus A320 in Vienna

    9.10.2012
    Austrian Airlines launches its new long-haul cabin with full-flat Business Class seats.

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