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Jaan Albrecht
Austrian Airlines: Alexis von Hoensbroech Succeeds Kay Kratky as CEO
Alexis von Hoensbroech is to become the new Chairman of the Executive Board of Austrian Airlines. The current AUA CEO Kay Kratky, whose contract ends in July, is leaving the company.
April 11, 2018
AIRail: New Type of Rail Connections Between Linz and Vienna International Airport
From 14 December 2014, Austrian Airlines and ÖBB are to launch a cooperation entitled ‘AIRail’ on the Linz central station – Vienna Airport – Linz central station route. In future, Austrian passengers with an Austrian flight either preceding or following their rail journey will also be able to use new ÖBB connections with an Austrian flight number between Linz central station and Vienna Airport.
June 16, 2014
Good Outlook for Austrian Airlines
CEO Jaan Albrecht thinks that the Austrian subsidiary of German Lufthansa will record positive results this year.
July 22, 2013
Austrian Airlines: Worse Results Than Expected
Results of the first quarter of 2013: Austrian Airlines improves earnings by EUR 11 million only.
May 2, 2013
Austrian Airlines Records Profits
Due to one-time effects, the Austrian subsidiary of Lufthansa returns to the profit zone. Austrian Airlines expects the final turnaround in 2013.
March 14, 2013
„We Have to Prove Ourselves in 2013“
Jaan Albrecht, CEO of Austrian Airlines, expects that the Austrian subsidiary of German Lufthansa will not need further financial aids from its holding company.
December 29, 2012
Austrian Airlines Cuts 150 Jobs
“Austrian Airlines Group sets forth its restructuring process.” the company announces and aims to achieve “further savings through the elimination of duplicate operations.”
December 11, 2012
Austrian Airlines: Up to 100 Jobs to be Cut
In order to reduce redundancies, Austrian Airlines (AUA) wants to streamline its company structure.
December 6, 2012
AUA to Strengthen CEE Network
After Air Berlin decided to reduce the number of flights from Vienna to Eastern European destinations, Austrian Airlines intends to fill the gap.
November 20, 2012
Austrian Airlines: Austerity Program Not Finished
In the first nine months, AUA´s operating income was positive. However, the restructuring process will go on.
November 2, 2012
Austrian Airlines Returns to Profits
AUA´s restructuring programme begins to take hold. The result for 3rd Quarter nearly doubled to € 61m.
October 31, 2012
Austrian Airlines Not Profitable Before 2013
The Austrian subsidiary of Lufthansa will not achieve a positive net income this year.
September 12, 2012
Surprising Profit at AUA
Due to special items, Austrian Airlines could achieve positive results in the first half year of 2012.
August 2, 2012
„AUA Must Be in the Black Numbers“
For Austrian Airline´s CEO Jaan Albrecht, the implementation of the austerity program and the transfer of undertaking is mandatory.
July 26, 2012
Austrian Airlines: Operated by Tyrolean
The transfer of undertakings is completed. About 2,000 AUA staff members shifted to the regional airline Tyrolean.
July 3, 2012
Albrecht: „We Will Remain Austrian“
AUA´s CEO explains that about 80% of the reorganization of Austrian Airlines has been achieved. The airline would be on the right way, Albrecht affirmed.
June 23, 2012
Albrecht: „Common Collective Agreement in 2012“
The CEO of Austrian Airlines is optimistic to achieve unified collective agreement for the whole workforce. Costs for the transfer of undertakings are expected to reach up to € 90m.
June 9, 2012
AUA: Leaving Pilots Cost € 55m
Because of the austerity package, 118 pilots left Austrian Airlines. CEO Jaan Albrecht wants to bring them back.
June 5, 2012
341 Staff Members Leave AUA
CEO Albrecht underlines that further austerity packages are not excluded. Now, Austrian Airlines faces new challenges.
June 4, 2012
AUA: Last Chance
The loss-making Austrian Airlines has only little time left to achieve the turnaround. Lufthansa´s patience is wearing thin.
May 26, 2012
Austrian Airlines Streamlines Organization
The former Swiss executive board member Gaudenz Ambühl will head new flight operations.
May 22, 2012
AUA Dispute Brought Before Supreme Court
The Austrian trade union vida intends to prevent the transfer of undertakings. Thus, the dispute will not be settled soon.
May 19, 2012
Works Council Increases Pressure on Management
The transfer of undertakings may induce costs of € 280m. According to rumors, AUA´s management may be partially changed.
May 15, 2012
Sudden Illness of Pilots: AUA Cancels 24 Flights
During the weekend, Austrian Airlines had to cancel 24 flights. A surprising mass illness among AUA´s pilots occurred.
May 14, 2012
AUA: Leaving Pilots May Cost up to € 80m
The transfer of undertakings at Austrian Airlines is irrevocable, the management points out. In case of a lack in pilots, Lufthansa and Swiss would close the gap.
May 11, 2012
Albrecht Wants Common Collective Agreement
After the transfer of undertakings, the CEO of Austrian Airlines aims to create a collective agreement for the whole workforce. Further cuts are not excluded.
May 4, 2012
New Record Loss at AUA
Bad news for Austrian Airlines: the result from operating activities reaches € -66.7m. AUA refers to higher kerosene prices and the air travel tax. Nevertheless, the turnaround should be reached in 2013.
May 3, 2012
AUA: Transfer of Undertakings Definite
The re-started negotiations between AUA´s management and the aircrew have finally failed. A mass exodus of pilots is feared.
May 1, 2012
AUA: Agreement Could be Reached
The long-lasting dispute at Austrian Airlines is settled. The management board and the works council agreed on a new collective agreement.
April 25, 2012
AUA Threatened by Strikes
After Austrian Airlines´ supervisory board resolved the transfer of undertakings, the Lufthansa subsidiary may face strikes.
April 21, 2012
AUA Resolves Transfer of Undertakings
The supervisory board of Austrian Airlines decided to switch to cheaper collective agreements. The transfer of undertakings is “crucial for AUA´s survival”.
April 20, 2012
Austrian Airlines Record All-Time-High in Passengers
In March, 893,600 passengers were carried by AUA, which is an increase by 12 percent. In the first quarter, the passenger number rose by 10.1% to 2.3 million. However, fuel costs also reached a new record level.
April 12, 2012
„AUA Must Achieve Turnaround on its own“
Christoph Franz, CEO of Lufthansa explains that the Austrian subsidiary will act independently also in future. Also the restructuring must be completed without Lufthansa´s help.
April 7, 2012
AUA: Workforce Wants Unified Collective Agreements
The trade unions, the workforce of AUA and of Tyrolean aim to reach a unified collective agreement for AUA Group. Already tomorrow negotiations may start.
March 27, 2012
AUA´s Insolvency Becomes More Probable
German newspapers report that Lufthansa could establish a new Austrian airline company. AUA could be left then.
March 2, 2012
Board Member Bierwirth Leaves AUA
Andreas Bierwirth, member auf Austrian Airline´s management board, will exit. It is supposed that the austerity package caused controversies within AUA´s management.
March 2, 2012
AUA Delays Extraordinary Supervisory Board Meeting
AUA´s management has not reached a compromise with its staff yet. As a new collective agreement is still missing, the supervisory board meeting has been postponed by March 13.
March 1, 2012
AUA: Time Pressure Grows
Only eight days are left for the management of Austrian Airlines to agree on a new collective agreement with the employees. An acceptable solution for both sides may be barely found.
February 21, 2012
AUA: Atmosphere on the Brink
Austrian Airlines is endangered to face persisting disputes. The conflict between the management and the works council sharpened further.
February 17, 2012
Conflict Between AUA´s Management and Staff Escalates
2,300 employees of Austrian Airlines are endangered to be forced to switch to another collective agreement. AUA hopes to reach an agreement.
February 15, 2012
AUA: Resistance of Workforce Could Be Given Up
After serious warnings of the management of Austrian Airlines, the works councils are ready to talk about new collective agreements.
February 11, 2012
Growing Nerviness at AUA´s Workforce
The workforce at Austrian Airlines feels uncertainty. Even a bankruptcy is feared.
February 8, 2012
Unions Protest Against AUA´s Plans
Austrian trade unions are strictly against new austerity measures at Austrian Airlines. Management wants to negotiate over new collective agreements.
January 12, 2012
Austrian Airlines Records High Losses
Against previous expectations, the Austrian subsidiary of Lufthansa could not improve its results in 2011 compared to 2010.
January 10, 2012
AUA Sharpens Austerity Measures
The Viennese business location Austrian Airlines, a subsidiary of Lufthansa, has to become cheaper, says Lufthansa´s CEO Franz.
December 14, 2011
New Savings Package for Austrian Airlines
The Austrian carrier will not receive financial support from its parent company Lufthansa. Staff reductions are not ruled out any longer.
December 2, 2011
AUA Supervisory Board Appoints Jaan Albrecht as New CEO
The Executive Board team of the Austrian carrier was increased to three members. Jaan Albrecht takes over the position of Chief Executive Officer (CEO).
September 22, 2011
Jaan Albrecht to Become CEO of Austrian Airlines
After ten years as CEO of Star Alliance the German-Mexican dual national will head the Austrian carrier starting on 1 November.
August 31, 2011
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