Thursday, 09. February 2012

:: Home > Business > Robin Hood not giving up despite going bust

M	T	W	T	F	S	S
30	31	1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	1	2	3	4

Add your event FREE

Today

Polls

15. 03. 10. - 14:00

Robin Hood not giving up despite going bust

The head of Styrian airline Robin Hood Aviation said the company�s plan was to continue making business despite news today (Mon) that it had filed for bankruptcy.

Georg Pommer said he was optimistic about making profits by June if passenger figures remained stable.

The announcement comes after Creditors Associations KSV and AKV said the firm, which is based in Feldkirchen bei Graz, has filed for bankruptcy. Officials form the Commercial Court in Graz announced Robin Hood Aviation had debts of around 3.3 million Euros, adding that 24 employees and around 115 creditors were affected.

The company was founded in 2005 and offers connections between Graz and Linz to Zurich, Switzerland, and Stuttgart, Germany.

Robin Hood Aviation hit the headlines last month when weekly magazine profil revealed eleven people were dismissed under unclear circumstances.

Pommer rubbished the report and claimed he had "a clear conscience". He branded profil�s article as being full of "malevolent accusations" and stressed that an employer had rights too. Pommer said some of the mentioned former staff were dismissed "over the most extreme forms of misconduct" such as theft and planned fraud.

The Robin Hood Aviation CEO has for years spearheaded a campaign against the federal government�s actions over Austrian Airlines (AUA). The government bolstered AUA with around 500 million Euros in tax payers� money last year � before it was taken over by German aviation company Lufthansa.

AUA currently carries out what company bosses describe as an "essential cost-cutting and efficiency scheme" to get back in the black. Hundreds of employees in its technical and cargo departments were dismissed recently, with hundreds more expected to follow over the next few months.

Speaking about what had brought his firm into difficulties, Pommer today named "difficulties in establishing" Robin Hood Aviation, "effects of the economic crisis" and disadvantages in competing with "aviation companies subsided by the state".

He also revealed plans to extend the number of connections from next month.

The bankruptcy of Robin Hood Aviation is the third in six years of an airline based in the province of Styria after Fairline Luftfahrt and Styrian Airways AG went bust in 2004 and 2006 respectively. Pommer was CEO of Fairline Luftfahrt while he also was involved in setting up Styrian Airways AG.

Austrian Times

Write your comment to this article here

Tag cloud:
bankruptcy airline profil Styrian Creditors Robin Airways Euros government Luftfahrt Pommer bolstered Aviation based Germany employees Airlines Hood Hundreds Graz

Latest News

Set up tax on financial transactions soon, says Katzian
The head of the Association of Private Employees (GPA-djp) has called for a quick introduction of a tax on financial transactions.

P�hringer rejects U-turn on rightist ball
Young Social Democrats (SP�) have appealed to Upper Austrian Governor Josef P�hringer not to attend the Burschenbundball in Linz this Saturday.

FP� under fire after trip to Grozny
The Freedom Party (FP�) has been harshly criticised for meeting with Chechen President Ramzan Kadyrov.

WKO boss wants pension age hike incentives
Federal Economy Chamber (WKO) President Christoph Leitl has identified attempts to raise the average retirement age as the key issue regarding Austria�s budget.

Woman and child run over in Vienna
A woman and child have died in a road accident in Vienna, Austria. The lorry driver was making a right turn when he drove into a group of pedestrians leaving a 59-year-old and a 12-year-old dead. The mother of the school girl was left with serious injuries.

Schlecker says Austrian jobs are safe
The son of Schlecker founder Anton Schlecker has claimed that the company has no plans to sell its Austrian affiliate.

SP� sees smaller parliament as key signal
The general secretary of the Social Democrats (SP�) has argued his support for a reduction of the size of the parliament.

Austrian food to feature in organic trade fair
Austria is expected to be well represented at next week�s BioFach 2012 international organic trade fair in Nuremberg, Germany. Some 90 companies and organisations from the Austrian organic good sector will feature at the fair from 15 to 18 February.

Brothel for the homeless in Vienna
Homeless people are queueing up for free rooms in an Austrian brothel after owner Peter Laskaris said it would be unfair not to do everything he could during the current cold spell.

Deep-freeze snacks for orangutans in Sch�nbrunn
The lucky orangutans who take up residence in Europe�s oldest zoo have been indulging in a twice weekly take-away. Despite the trees in Sch�nbrunn Zoo in Vienna, Austria now being completely bare the fury friends have fresh branches and leaves delivered twice a week.