Transport

The latest transport industry and company news and analysis from FriedlNews
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Flughafen Wien Well-Positioned for Future Investments - CFO

Listed Vienna airport operator Flughafen Wien sees itself wellpositioned for the upcoming future investments, CFO Gunther Ofner told an earnings conference on Monday.

March 2, 2015

Vienna International Airport Continues Ascent

Listed airport operator Flughafen Wien raised revenue and profit and decreased debts in 2014. Thus the management suggest to raise the dividend from EUR 1.30 (USD 1.46) to EUR 1.65. Growth has been also predicted for 2015, as revenue is seen hiking to over EUR 645 million and profit is seen at EUR 85 million.

March 2, 2015

ÖBB: Cost of Frohnleiten Bridge Collapse Will Reach Millions

ÖBB Austrian Railways expects costs for repair of collapsed bridge to cost several hundred thousand euros per day.

February 23, 2015

Insider: Lufthansa Speeds up Reorganisation, AUA Affected

According to insider sources, the parent company of Austrian Airlines (AUA), Lufthansa, is planning to speed up its reorganisation with the help of consultants.

February 18, 2015

Eurowings starts flights from Vienna, AUA provides crews

Eurowings, the low-cost airline of Lufthansa, is starting flights from and to Vienna. It will be Eurowing’s first non-German base, Lufthansa announced on Wednesday.

February 18, 2015

Subsidies for ÖBB-Infrastruktur to Grow to EUR 2.41 Billion

ÖBB-Infrastruktur AG will today receive EUR 1.96 billion in government subsidies, after EUR 1.8 billion in 2014.

February 17, 2015

Turkish Airlines Eyeing Istanbul-Graz Route

The airport in Graz is in talks with Turkish Airlines for the creation of a flight connection between Graz and Istanbul.

February 17, 2015

Vienna Airport Suffers 5.9 Pct y/y Decline in Jan Passenger Number

Listed Vienna airport operator Vienna International Airport suffered a 5.9 percent decline in the number of passengers passing through the gates in January to 1,323 million, the company said.

February 12, 2015

ÖBB to Invest Almost EUR 90 Million in Infastructure in Salzburg

This year the Austrian railways will invest almost EUR 90 million (USD 102.48 million) in infrastructure in the land of Salzburg.

February 6, 2015

AUA Airlines Set to Discontinue Most Flights on Vienna-Linz Route

AUA airlines, the Austrian unit of Lufthansa, will discontinue four flights on the ultrashort Vienna-Linz route as of March 31.

February 2, 2015