The latest transport industry and company news and analysis from FriedlNews
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Austrian Transport Industry Headlines

Doppelmayr's Aerial Ropeway in Vietnam Launched

Austria's ropeway firm Doppelmayr has completed some 2.2 km aerial ropeway in Vietnam which was launched on Saturday, the company said Monday.

June 27, 2016

Kapsch Secures Extension of E-Toll Contract in Czech Republic by up to 3 Yrs

Austrian e-toll company Kapsch TrafficCom will get an extension of the contract for the operation of the Czech etoll system for trucks by 2 to 3 years, the Czech Transport Minister Daniel Tok said in the parliament.

June 23, 2016

Kapsch TrafficCom Sees Profit Hike in 2015/16

Listed toll system provider Kapsch TrafficCom raised its net profit to EUR 36 million (USD 40.8 million), from EUR 11 million a year earlier, and revenues by 15 percent y/y to EUR 526 billion in FY 2015/16. EBIT nearly doubled y/y to EUR 62 million, even though the base in 2014/15 was high enough, thanks to one-off effects.

June 22, 2016

Emirates to Fly to Vienna Twice a Day with A380 Aircrafts

Emirates CEO Tim Clark says the airline wants to raise the number of flights between Dubai and Vienna to twice a day, on board of A380 planes, as soon as possible. Some 1000 passengers might frequent the route per day.

June 22, 2016

EU Pumps Billions in Transport Projects, EUR 43.5 Million Go to Austria

The EC has earmarked EUR 6.7 billion (USD 7.54 billion) in investments for transport in Europe. Austria has been allocated EUR 43.5 million for nine projects altogether.

June 17, 2016

Railways in Austria Recorded 282 Million Passengers in 2015

In 2015 Austrians chose increasingly trains over other means of transport. The number of railway passengers hiked by 1.5 percent y/y, railway regulator Schienen-Control GmbH declared in a statement. All in all, the number of railway passengers climbed to 282 million. Every Austrian rode on average 1,427 km by train, which translates to 12.2 billion passenger kilometres (up 0.9 percent) in 2015. There are currently 46 railway companies in in Austria.

June 16, 2016

Hundreds of Vienna Taxi Licences Allegedly Sold Illegally

The province court in Vienna will launch a trial concerning the alleged illegal sale of taxi licences in Vienna. Two auditors of the taxi committee at the Business Chamber are accused of having taken bribes for years.

June 13, 2016

Antitrust Court Fines ÖBB, Schenker, Panalpina und Etransa

Upon application of the antitrust authority (BWB) the antitrust court fined four logistics companies for price collusion. ÖBB's subsidiary Rail Cargo has to pay EUR 184,000, Panalpina has to pay EUR 2 million (USD 2.274 million), Schenker has to pay EUR 318,000 and Etransa has to pay EUR 3.5 million.

June 10, 2016

Airport Line CAT Books Record-High Results in 2015

City Airport Train CAT, which links Vienna with the Vienna Airport in Schwechat booked record-high results in the 12th year of its operation.

June 7, 2016

No Reasons for Further Privatisation of Telekom Austria, Post AG - Infrastructure Min

Austria has no reasons to further privatize partly state-run telco Telekom Austria or the postal firm Post AG, Infrastructure Minister Jörg Leichtfried said in an interview.

June 7, 2016