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

Bawag Laying Off Further 180 to 200 Employees

Bawag Bank will optimize its branches and in course of the process will cut 180 to 200 jobs. 70 to 80 of the affected employees are supposed to be sent back to their actual employers - Post AG.

May 3, 2016

Mountain Railway Sold to Sweden

Swedish listed skilift operator SkiStar is going to acquire a stake in St. Johanner Bergbahn, the Austrian mountain railway operator. The Swedish company will hold a 68 percent stake.

May 2, 2016

Australian Fund IFM Holds 38.16 Percent in Flughafen Wien

Australian fund IFM Global Infrastructure Fund (IFM) holds through its subsidiary IFM Airports Group Europe S.à r.l. a 38.16 percent stake in Flughafen Wien. Previously the Australians held 29.9 percent of shares. Thus, IFM's offer which involved raising its stake up to 39.9 percent has been accepted almost in full.

April 29, 2016

Long-Distance Coach Operator Flixbus to Compete with ÖBB Austrian Railways

Austrian state-run rail company ÖBB Austrian Railways is facing increasing competition of German mobility provider Flixbus which has just launched its third connection for Austria's regional capital cities, between Graz and Salzburg. In January 2016 FlixBus announced its entry to the markets of Central and Eastern Europe with the new branch FlixBus CEE. This includes six countries (Czech Republic, Slovakia, Hungary, Poland, Slovenia and Croatia) with new lines in the making. () am

April 27, 2016

Warning Strikes in Germany May Cause Flight Cancellations for Vienna

Warning strikes of German service trade union Verdi on Wednesday will not only cause cancellations of flights in Germany alone, as some flights of Lufthansa between Munich and Vienna will be called off. However, the spokesperson of Flughafen Wien, Peter Kleemann, told APA that no other destinations would be affected in Austria.

April 26, 2016

Austrian Railways to Invest over EUR 1.9 Bln in Carinthia by 2021

State-run rail group OEBB will spend over EUR 1.9 billion (USD 2.14 billion) on investments in Carinthian rail track infrastructure by 2021, Infrastructure Minister Gerald Klug told journalists in Klagenfurt.

April 25, 2016

Austrian Railways Carried some 300,000 Refugees since 2015

Austria’s national railway ÖBB has released information today indicating that in 2015 the railway carrier transported nearly 300,000 refugees, and buildings of the ÖBB were used as accommodation on many occasions (70,000 overnight stays).

April 22, 2016

Vienna International Airport Turns Down IFM Tender Offer

The Vienna airport operator Flughafen Wien management advises its shareholders against accepting the tender offer of Australian pension fund IFM, the management said in a statement.

April 13, 2016

Austrian Airlines to Take On 160 Pilots in 2016

Austrian air carrier AUA, a unit of Lufthansa, wants to employ 160 pilots this year, the company said raising the previous plan for taking on 100 pilots. AUA also wants to employ 400 rather than 200 flight attendants.

April 8, 2016

Lauda Not Interested in Niki

Former racer and airline founder Niki Lauda has no interest in buying back airline Niki from its current parent firm Air Berlin, he told daily Kleine Zeitung in an interview.

April 8, 2016