Austrian Airlines has managed to achieve a solid annual result despite the challenging environment in the previous year. The airline’s adjusted EBIT was also significantly positive at 76 million euros in 2024; however, this result was 40 percent lower than…
Austrian Airlines’ traditionally strong third quarter was in line with the high expectations thanks to continued robust demand. Following the weak first half of the year (-62 million euros adjusted EBIT), achieving a high double-digit result for the full year…
Even though the start of the year is seasonally weak at Austrian Airlines, a number of factors led to an Adjusted EBIT totalling EUR -62 million in the first six months of the current year. This means that the result…
Austrian Airlines announces the second-worst Q1 result in the airline’s history. The main reasons for the high loss are the direct financial damage caused by the works council meetings and strikes, the resulting restraints in bookings and a disproportionately high…
After a slightly positive annual result in 2022, Austrian Airlines clearly returned to profit in 2023. The airline’s Adjusted EBIT for the full year totalled 127 million euros. The key success factors were above all stable flight operations and a…
Shaped by strong touristic traffic, the summer quarter keeps Austrian Airlines on course for a successful year of 2023. The outlook for the remaining quarter remains uncertain due to current geopolitical developments, a renewed rise in fuel prices and the…
For the first time since 2020, Austrian Airlines was able to start the year with no corona-related restrictions. High demand and good load factors were the key drivers for the national carrier’s comeback into the profit zone. With this result,…
For the first time since 2020, Austrian Airlines was able to start the financial year without massive restrictions due to Corona measures. The national carrier achieved a good passenger load factor and comparatively high passenger volumes compared to the omicron-ridden…
For the first time since 2019, Austrian Airlines closed the past financial year with a positive result (Adjusted EBIT) at EUR 3 million (2019: EUR 19 million). After two years dripping with red ink (2020: EUR -319 million, 2021: EUR…
Flag carrier closes third quarter with a three-digit plus (adj. EBIT EUR 110 million) High liquidity and credit line granted by Lufthansa Group allow for early and full repayment of state-backed loan by the end of 2022 – financial scars…
