- Austrian Airlines’ third-quarter results (adjusted EBIT of EUR 119 million) are significantly below the previous year’s figures
- 4.7 million passengers in the third quarter of 2025
- Punctuality improved by more than 11 percentage points, customer satisfaction significantly above previous year’s figures
- CEO Annette Mann: “During the summer months, which are so important for us, we were unable to match the results of the previous year. Both the difficult geopolitical situation in some core markets and the continuing unfavorable conditions in Austria as an aviation location dragged down the result despite top operational performance and high customer satisfaction. We expect positive annual results overall, but not to an extent that will allow us to finance upcoming investments in aircraft and the customer journey from our own cash flow.”
- Nevertheless, Austrian Airlines is expanding its capacity with two additional aircraft in the 2026 summer flight schedule to express its clear commitment to Vienna as a location.
The third quarter from July to September, which is important for Austrian Airlines, was marked by geopolitical conditions such as the situation in the Middle East, an important market for Austrian Airlines, and the difficult economic situation in Germany, another important core market for Austrian Airlines. Revenues from North American connections were also lower than expected, mainly due to the lack of transfer passengers from the Middle East. Connections to and from Tel Aviv were only gradually resumed on August 1, and those to and from Tehran will not be offered again until 1 November, according to current information. “During the summer months, which are so important for us, we were unable to match the results of the previous year. Both the difficult geopolitical situation in some core markets and the continuing unfavorable conditions in Austria as an aviation location dragged down the result despite top operational performance and high customer satisfaction. We expect positive annual results overall, but not to an extent that will allow us to finance upcoming investments in aircraft and the customer journey from our own cash flow”, explains Austrian Airlines CEO Annette Mann.
The third quarter result in detail
At EUR 754 million, revenue in the third quarter was down four percent compared to the same period last year (EUR 783 million). Total revenue was down 5 percent and total expenses were down 3 percent compared to the third quarter of 2024. Adjusted EBIT was EUR 119 million, down 14 percent on the third quarter of the previous year, despite the fact that the internal efficiency program, which Austrian Airlines committed to in 2024, will continue in 2025.
Austrian Airlines carried just over 4.7 million passengers between July and September. The 68 aircraft in the fleet were utilized at an average capacity of 88.2% and took off with a regularity of 99.2%. As of 30 September, 2025, Austrian Airlines employed 6,125 people.
Capacity at the location will be further increased
Austrian Airlines will nevertheless slightly expand its range of destinations and frequencies in the coming summer of 2026, thus responding to the announced withdrawal of low-cost airlines from the market. To this end, it has succeeded in securing the capacity of two additional aircraft from its existing wet lease partner Air Baltic in time for the 2026 summer flight schedule. “Austrian Airlines has been a reliable partner at Vienna Airport for many decades. We are currently engaged in intensive discussions with all stakeholders about the future of Austria as an aviation location and, despite the continuing unsatisfactory conditions, we want to underline our commitment to the location by expanding our capacities. Regardless of this, we continue to urge decision-makers to work together to improve competitiveness. The weak results despite operational excellence and the partial withdrawal of other airlines show that this is urgently needed”, emphasizes CEO Annette Mann.
The changes to Austrian Airlines’ flight schedule resulting from the capacity increase will be communicated separately at the beginning of November with the publication of the 2026 summer flight schedule.
Punctuality figures significantly improved
The airline with the red-white-red tail fin has certainly done its homework, as the current punctuality figures impressively demonstrate. On-time arrivals improved by 11.5 percentage points to 79.9 percent compared to the third quarter of 2024, while on-time departures improved by as much as 13.7 percentage points to 74.4 percent. Customer satisfaction was also significantly higher than in the previous year. “The internal efforts of the past few months to continuously improve punctuality and customer focus are bearing fruit. I am delighted and proud to have taken over such a well-run flight operations department”, emphasizes the new COO of Austrian Airlines, Stefan-Kenan Scheib, who replaced Francesco Sciortino on the Executive Board a few weeks ago and is responsible for flight operations, technology, and IT at Austrian Airlines.
Five new destinations in 2025
The red-white-red airline has been working steadily to expand its range of destinations in order to offer passengers the ideal selection. In 2025, Austrian Airlines added five new destinations to its portfolio: Ivalo in Finland, Edinburgh in Scotland, Lofoten in Norway, the German holiday island of Sylt, and Burgas, Bulgaria’s fourth-largest city. As in the previous year, the winter flight schedule that has just started includes up to two daily connections to the Thai capital Bangkok. Austrian Airlines currently flies to more than 120 destinations. The airline also responds to particularly high demand on a case-by-case basis. For example, more than 100 additional rotations were published during the current fall holidays. Frequencies have been increased to 25 destinations, and the summer season has been extended a little for 13 destinations, including Ibiza, Dubrovnik, Porto, and Palermo.
Outlook for 2025 as a whole
“Geopolitical factors, the high cost of aviation in Austria, and significantly distorted competition, especially with non-European airlines, continue to make it extremely challenging to fly profitably from Vienna to destinations around the world. The annual result is therefore expected to remain below a long-term sustainable profit margin. Once again, it must be emphasized that we need long-term, sustainable, and competitive solutions for Austria as a location”, explains CEO Mann.
Austrian Airlines has made far-reaching decisions in recent months to further improve its efficiency. It was decided that the current five fleets – Embraer 195, the Airbus A320 family, Boeing 767, Boeing 777, Boeing 787-9 – will be reduced to two in the future: In future, Austrian Airlines will only operate aircraft from the Airbus A320 family and, on long-haul routes, the Boeing 787-9 Dreamliner. The 17 Embraer aircraft currently in the fleet will be phased out between the end of this year and the end of 2028. Six additional Airbus A320 aircraft will be added to the Austrian fleet in return. In addition, cooperation with wet lease partners will be increased in order to continue to offer the usual capacity and diversity, which will even be expanded again in summer 2026. “With this fleet harmonization, we are taking a major step toward making Austrian Airlines even more efficient. At the same time, older aircraft from the Airbus A320 family will also be gradually replaced by newer ones”, emphasizes COO Stefan-Kenan Scheib.
In addition, Austrian Airlines will also invest heavily in its own infrastructure in other areas: the rollover and planned expansion of the long-haul fleet with Boeing 787-9 Dreamliners represents an investment volume of more than three billion euros at list price. Thirty-five million euros will be invested in new lounges at the Vienna hub, plus annual investments of over 10 million euros in digital customer services.
Overview of the key figures for the third quarter:
| Q3 2025 | Q3 2024 | Change YoY | |
| Revenue in € million | 754 | 783 | -4% |
| Adj. total operating revenue in € million | 770 | 811 | -5% |
| Adj. total operating expenditures in € million | 651 | 672 | -3% |
| Adjusted EBIT in € million | 119 | 139 | -14% |
| EBIT in € million | 118 | 138 | -14% |
| Passengers in thousands | 4,740 | 4,674 | +1% |
| Available seat kilometers (ASK) in million | 8,380 | 8,429 | -1% |
| Capacity utilization (passenger load factor) in % | 88,2 | 87,2 | +1,0pp |
| Number of flights | 36,164 | 35,154 | +3% |
| Fleet size (fleet in operation) | 68 | 68 | – |
| Regularity of operation | 99,2% | 98,5% | +0,7pp |
| Punctuality on departure | 74,4% | 60,7% | +13,7pp |
| Punctuality on arrival | 79,9% | 68,4% | +11,5pp |
| Employees | 6.125 | 6.179 | -1% |
| 1-9 2025 | 1-9 2024 | Change YoY | |
| Revenue in € million | 1,931 | 1,853 | +4% |
| Adj. total operating revenue in € million | 1,996 | 1,914 | +4% |
| Adj. total operating expenditures in € million | 1,921 | 1,838 | +5% |
| Adjusted EBIT in € million | 76 | 77 | -1% |
| EBIT in € million | 74 | 73 | +1% |
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