More flights, more passengers, but weaker result

Austrian Airlines Has the one last year Passenger number the number of Flights and sales of 5 percent each be able to increase the adjusted result (Adjusted EBIT) brach However, by 40 percent to 76 million euros the daughter of German Lufthansa said on Thursday.

This was justified with tough collective agreement negotiations with the flying staff and the associated company meetings and strike days as well as with the Middle East conflict.

The AUA puts the costs due to the conflict of collective contract and the resulting restraint of passengers in bookings at around 35 million euros. Since the airline had to take out numerous flights from the program for months due to the Middle East conflict, the AUA also announced it. As a result, the operating result (EBIT) collapsed by 43 percent to EUR 73 million.

Relaxation in the second half of the year

The airline’s annual turnover rose by 5 percent to EUR 2.46 billion. Despite the difficulties, the AUA was also able to increase the number of flights in the previous year by 5 percent to 119,127. The number of passengers also increased by 5 percent to around 14.59 million people. However, the total expenses also increased by 8 percent with EUR 2.47 billion. For this year, the airline is again aiming for a result in the three -digit million range. In the medium term, the EBIT margin – most recently at 3.1 percent – should be 8 percent.

“Despite the higher production due to one -off effects in the first half of the year, we have remained significantly below our expectations for the full year,” commented Austrian Airlines CEO Annette man the numbers.

“It is all the more gratifying that our performance was full on course in the course of the second half of the year,” added Mann. However, the economic challenges at the location are still enormous not least because of the distortion of competition in favor of non -European airlines.

Focus on punctuality

This year the focus will be on the subject of punctuality: Although 80.2 percent, one still counts at the ten most punctual airlines in Europe, but you want to get in the top 3 again. In the previous year, the AUA cut off significantly better with 84.4 percent.