Finance Results • Adjusted EBIT declines from EUR 19 million to minus EUR 319 million• Standstill in flight operations leads to 79 percent passenger decline vs. 2019• CEO von Hoensbroech: “’Green Pass’ should give the green light for travelling in…
Finance Results • 3rd quarter of 2020: Adjusted EBIT of minus EUR 106 million• CFO Andreas Otto: “The coronavirus really spoiled the summer business for us”• Rising infection rates require cutback in flight operations As a consequence of the second…
Finance Results • 2nd quarter 2020: Adjusted EBIT down to minus EUR 99 million• CFO Wolfgang Jani: “The crisis hit us with full force”• Landing bans have hampered satisfactory development As a result of the coronavirus crisis and the cessation…
Finance Results • Revenue decline of 24 percent in the first quarter of 2020• Strong year-on-year drop in passenger volume of 27 percent• Adjusted EBIT down from minus EUR 99 million to minus EUR 136 million The Austrian Airlines fleet…
Finance Results • Adjusted EBIT down from EUR 83 Million to EUR 19 million• Cost reductions are making an impact: eight percent drop in expenses in Q4 2019• Coronavirus: Most serious crisis in aviation history• Austrian Airlines plans comeback, but…
Finance Results • Adjusted earnings down from EUR 110 to EUR 17 million despite passenger growth• 2019 remains challenging: “Glut of low-cost airlines” and expensive jet fuel burden earnings• “Profit warning”: Austrian Airlines cannot rule out the possibility of a…
Finance Results • Q2 profit of EUR 46 million insufficient to offset Q1 loss of EUR 99 million• Adjusted EBIT down to minus EUR 53 million in the first half-year• 2019 remains a challenging year: glut of budget airlines and…
Finance Results • Intercont-Business drives passenger growth: plus seven percent• Strong competition leads to drop in first-quarter earnings to minus EUR 99 million• High fuel and maintenance costs comprise an additional burden on earnings Austrian Airlines reported adjusted earnings before…
Finance Intercont-Business drives passenger growth: plus seven percent Strong competition leads to drop in first-quarter earnings to minus EUR 99 million High fuel and maintenance costs comprise an additional burden on earnings Austrian Airlines reported adjusted earnings before interest and…
Finance Results • Expensive fuel: Adjusted EBIT down from EUR 93 million to EUR 83 million in 2018• High demand: strong passenger growth• Tough competition: CEO von Hoensbroech sees a challenging year 2019 Austrian Airlines, Austria’s flag carrier, generated an…
