Austrian Airlines reports its second-worst Q1 result, with an Adjusted EBIT of EUR -122 million, attributing the loss to labour disputes, reduced bookings, and rising costs.
Despite challenges, the airline aims to rebuild passenger trust following the successful agreement on a new collective labour agreement until 2026. Passenger numbers increased by 11%, reaching around 2.5 million.
For the summer, Austrian Airlines adds three new destinations, including Boston. With operational reliability as a priority, the airline aims for a top 3 position in European punctuality rankings, aided by the introduction of Boeing 787-9 long-haul aircraft.
This post was published on 30 April 2024 11:32
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