Austrian Times RSS FeedsLike the Austrian Times Facebook page!Follow us on Twitter!


Events for April
M T W T F S S
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 30 1 2 3 4
Add your event FREE

Today



BurgKino

Pub Quiz everyTuesday at Johnny's Pub

Popular in Austria

Cosmo&Nanu

Cosmo&Nanu

Lufthansa focuses on AUA's premium area

Lufthansa has denied that its planned activity increase in Berlin is company-internal competition for Austrian Airlines (AUA).

The carrier, which was founded in 1953, will offer four times more seats in three months’ time when a new airport is put in operation in the German capital city. Lufthansa currently does business at more than 220 airports all over the world. It will concentrate on Eastern Europe (EE) when operations at the new airport in Berlin start later this year.

AUA was taken over by Lufthansa in what was widely seen as the final option to protect the company from bankruptcy in 2009. The Viennese airline succeeds with its services to destinations in EE while other branches of the company are in trouble. A spokesman for Lufthansa said yesterday (Thurs) that his airline’s plan to offer more flights to EE was a declaration of war to AUA. He argued that it would be a mistake not to consider an expansion of operations in EE since many parts of the region show promising economic developments.

Lufthansa said earlier this week that it suffered a net loss of 13 million Euros last year. The carrier made a profit of 1.1 billion Euros in the previous year. Lufthansa managed to increase its turnover by eight per cent from 2010 to 2011 to 28.7 billion Euros. Lufthansa sold struggling affiliate British Midlands (BMI) to competitor British Airways last December for 207 million Euros. The German aviation company was forced to write off 285 million Euros at BMI shortly before the deal was sealed.

Bosses of Lufthansa – a Star Alliance member – argued that rising kerosene prices caused immense pressure last year. German and Austrian business papers report that the company – which is Europe’s largest airline in terms of passenger figures and fleet size – is ready to lay off hundreds of AUA staff if the Austrian affiliate’s works council refuses to accept a reform of contracts.

AUA supervisory board boss Stefan Lauer’s suggestions would mean that AUA pilots’ wages shrink by up to 25 per cent in the coming years. They currently earn 13,000 Euros before tax a month. Lufthansa chiefs and AUA supervisory panel members want to lower their incomes to volumes comparably to what Tyrolean Airways (Austrian Arrows) pilots earn at the moment. Pilots of the regional carrier, which is part of the AUA Group, receive around 7,000 Euros.

A decision regarding the salary controversy and other austerity measures is expected for later this month as Lufthansa wants AUA CEO Jaan Albrecht to sort out the issues soon. The German carrier wants AUA to make a profit this year. Lufthansa’s "plan b" for AUA is to drastically reduce its workforce level and fleet size, according to the press. AUA suffered a loss of almost 65 million Euros last year. It performed similarly in 2010 while passenger numbers are on the rise. AUA registered 11.26 million customers in 2011, up by 3.4 per cent compared to 2010.

Austrian Times


Are you on Facebook? Like the Austrian Times on Facebook and win great prizes!



Related articles: EU

  1. Best of the bookshelf in May, part four

    » Panorama 2012-05-31

    A Harvard University professor’s book on the killing of Osama Bin Laden, a collection of funny experiences on planes and many more interesting releases are out now.

  2. Drachma reintroduction 'would mean social explosion'

    » General News 2012-05-31

    A renowned economist has warned from reintroducing the drachma in Greece.

  3. EC warns debt-ridden Austria

    » General News 2012-05-31

    Austria has been criticised for its high public debts.

more related articles tagged "EU"

Related articles: crisis

  1. Drachma reintroduction 'would mean social explosion'

    » General News 2012-05-31

    A renowned economist has warned from reintroducing the drachma in Greece.

  2. EC warns debt-ridden Austria

    » General News 2012-05-31

    Austria has been criticised for its high public debts.

  3. Property prices keep climbing

    » Business 2012-05-31

    A real estate expert has expressed concerns about property prices in Austria.

more related articles tagged "crisis"

Related articles: CEE news

  1. AUA under pressure as pilots quit

    » Business 2012-05-30

    The number of pilots and stewardesses leaving Austrian Airlines (AUA) because of the upcoming pay cuts is on the rise.

  2. Pay cuts scare off AUA pilots

    » Business 2012-05-29

    Dozens of pilots have left Austrian Airlines (AUA) in the past weeks, according to the loss-making carrier’s works committee.

  3. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

more related articles tagged "CEE news"

Related articles: business boom

  1. Austrian skiers create overnight stay record

    » Business 2012-05-29

    The number of winter season overnight stays by Austrians has reached a new record.

  2. Knoflacher emphasises pedestrian zones' economic effects

    » General News 2012-05-24

    A renowned traffic planner has stressed that shop owners are generally appreciating the introduction of pedestrian zones.

  3. IV demands focus on industry in crisis

    » Business 2012-05-24

    The general secretary of the Federation of Austrian Industries (IV) has appealed on Europe’s political leaders to strengthen the continent’s industry.

more related articles tagged "business boom"

Related articles: AUA

  1. AUA under pressure as pilots quit

    » Business 2012-05-30

    The number of pilots and stewardesses leaving Austrian Airlines (AUA) because of the upcoming pay cuts is on the rise.

  2. Pay cuts scare off AUA pilots

    » Business 2012-05-29

    Dozens of pilots have left Austrian Airlines (AUA) in the past weeks, according to the loss-making carrier’s works committee.

  3. FW turnover takes off

    » Business 2012-05-24

    Austria’s biggest airport has managed to increase its profit.

more related articles tagged "AUA"


Tag cloud:
Austrian  Berlin  profit  Lufthansa  Euros  German  airline  billion  airport  region  Europe  rsquo  supervisory  currently  affiliate  carrier  British  Airways  ndash  fleet


Latest News

 

Austria Accused Of Ignoring Giant Nazi Swastika
A huge swastika that has scarred the walls of an Austrian castle for the past 80 years is still on view despite breaching strict postwar rules banning all Nazi symbols.

Jetflyers Take The Jet Ski Onto The Road
An Austrian company is making waves after they came up with the idea of taking a jet ski – and fitting it with wheels.

Nuns invite young women to get a taste of Abbey life
In a bid to revive their Austrian abbey that doubles up as a health resort, a group of nuns are inviting young women to come and stay with them to get a taste of nun life.

Austrian women earning over fifth less than men
Austrian women are earning on average 23.4 percent less than men in the country, according to Statistik Austria.

Exploring photography and art through 1960s cult film Blow-Up
Vienna's Albertina is putting on an photography exhibition featuring stills from the cult sixties photography film Blow-Up by Michelangelo Antonioni.

Turtle flies from Vienna to India to try his luck with the ladies
An endangered turtle from Schoenbrunn Zoo is taking a trip across the world to try his luck out with two female turtles in India.

What is on at Haydn Kino this week? (17 April - 23 April)
The following films are on at the English language cinema Haydn Kino on Mariahilfestrasse between 10 April and 16 April:

Two teenage girls go missing as they fly from Austria to fight in Syria
Two teenager girls who say they have left Austria to fight in Syria have trigged an international search operation from the Austrian police. The two - a 15-year-old and a 16-year-old - left identical letters behind telling their families goodbye and that "we will meet in in Paradise". The letters told of their plans to go to Syria to "fight for Islam". The parents of the girls reported that their children had gone missing last week and since then the police tracked them to Turkish city of Adana, where they had flown to from Austria - after that the police lost track of the girls. Adana is 75 miles northwest of Aleppo, a city that became a major battleground during the civil war taking place in Syria. Police spokesman Thomas Keiblinger say that the police are taking the farewell letters "very seriously" and are now conducting an international search for two teenage girls who left farewell letters announcing plans to "fight for Islam" in Syria. Both girls come from families who immigrated from Bosnia but have not been fully identified by Austrian police.

Ricky Martin to perform at Life Ball 2014
In a celebrating of joys of life, sensuousness and a tribute to handsomeness, the Life Ball 2014 has announced that the Latino star Ricky Martin, chosen many times over as Sexiest Man Alive, will perform at the event.

Pony And Trapped After Too Much Fresh Grass
A roly-poly pony lost its balance on an Alpine slope due to its calorie-overloaded body.

 


Mala Vrata

The most popular stories –
last 7 days



Don't moan alone, the Ombudsman Investigates.

Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.

Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.


Austrian Zimmers