Austrian Airlines in 2020
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Re: Austrian Airlines in 2020
Why would they retire their 319-fleet (7x) and keep their 320 (28x) and 321-fleet? If demand is low, it's better to have a smaller airplane, no?
Re: Austrian Airlines in 2020
Economies of scale (& to some extent the push in Austria to put climate impact higher on the agenda as a condition for saving Austrian): rather fly less but with higher capacity aircraft.
And yes that will mean that certain routes will no longer be viable and others will see lower frequencies. Just like in BRU you see Bristol, Hannover and Billund disapear (for now at least) after the termination of the CityJet contract.
But this is talking structural fleet changes for Austrian, I'm sure on the very short term they'll want to make good use of their A319's (and Q400's which also all leaving, and partially earlier than foreseen) in the restart of operations (well, depends on if and how they apply social distancing, 100 pax in an A320 is easier to distance than 100 pax on an A319).
Re: Austrian Airlines in 2020
Well, if LH will not be careful enough a third party will walk away with some of their daughters.
Etihad and IAG showed interest in Austrian. Maybe not to take them over but they approached the Austrian government regarding Austrian.
It is not longer a secret that they would like to be stronger in the more East of Europe.
If IAG is interested in one part, LH better has to make a deal also with SN if they will secure their backyard
It's not confirmed yet but still an interesting development
Etihad and IAG showed interest in Austrian. Maybe not to take them over but they approached the Austrian government regarding Austrian.
It is not longer a secret that they would like to be stronger in the more East of Europe.
If IAG is interested in one part, LH better has to make a deal also with SN if they will secure their backyard
It's not confirmed yet but still an interesting development
Re: Austrian Airlines in 2020
Indeed! In exchange for a €767 million loan (2.5 times more than what SN is asking for), Austria’s government wants assurances from Lufthansa Group that Austrian Airlines will maintain a hub in Vienna. Alternatives to state aid are being examined as well.Atlantis wrote: ↑07 May 2020, 22:34 Well, if LH will not be careful enough a third party will walk away with some of their daughters.
Etihad and IAG showed interest in Austrian. Maybe not to take them over but they approached the Austrian government regarding Austrian.
It is not longer a secret that they would like to be stronger in the more East of Europe.
If IAG is interested in one part, LH better has to make a deal also with SN if they will secure their backyard
It's not confirmed yet but still an interesting development
André
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Re: Austrian Airlines in 2020
A friend of mine based in Vienna and an aviation enthusiast like us and that is following very closely what is happening with OS says that there are rumors the Austrian government prefers to let OS go bankrupt as it would be cheaper for them to make a new airline. If OS goes bust it cancels any debt they have. We shall know next week what will happen. Again I emphasize it is just a rumor. I asked for a link but still haven't received one. If I do I'll post it here.
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Re: Austrian Airlines in 2020
Oh maybe like Brussels Airlines ?theeuropean wrote: ↑15 May 2020, 16:38 A friend of mine based in Vienna and an aviation enthusiast like us and that is following very closely what is happening with OS says that there are rumors the Austrian government prefers to let OS go bankrupt as it would be cheaper for them to make a new airline. If OS goes bust it cancels any debt they have. We shall know next week what will happen. Again I emphasize it is just a rumor. I asked for a link but still haven't received one. If I do I'll post it here.
Hi. I'm Thibault Lapers. @ThibaultLapers & @TLspotting
Re: Austrian Airlines in 2020
Austrian Airlines no longer plans its Vienna – Boston service launch from 02 June 2020, with Boeing 767.
André
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Re: Austrian Airlines in 2020
Austrian Airlines reached an agreement with its technical and commercial staff, comprising close to 3,000 of the 7,000 people working for the carrier. Their cumulative contribution will equal €300 million by 2024.
André
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Re: Austrian Airlines in 2020
Austrian Airlines agreed with the government on loans and to keep Vienna airport as a long-haul hub. COFAG and a banking consortium led by Erste Group agreed on loans of €300 million over a period of six years. The loans, 90% guaranteed by the state, will be secured with aircraft and an equity interest in the carrier.
André
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Re: Austrian Airlines in 2020
Not only Brussels Airlines, but also Austrian Airlines restarted operations today. At 05:30 this morning, off-duty flight attendants celebrated and greeted the first passengers:
André
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Re: Austrian Airlines in 2020
Austrian Airlines is adding seasonal Vienna – Zadar route on 10 July 2020 with E195, and later A320.
André
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Re: Austrian Airlines in 2020
Austrian Airlines plans to resume service to China on Vienna – Shanghai route during September and October 2020 with B767-300ER.
André
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Re: Austrian Airlines in 2020
Lufthansa Group CEO Carsten Spohr indicated that Austrian Airlines long haul aircraft — B767s and B777s — “simply no longer have a future.”
André
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Re: Austrian Airlines in 2020
Or some of the B787's Lufthansa ordered? I can't imagine that they would just let go of their long-haul activities.
Re: Austrian Airlines in 2020
Austrian Airlines will discontinue flights between Vienna and Zagreb from 16 October 2020, due to low demand.
André
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Re: Austrian Airlines in 2020
Austrian Airlines has unanimously reappointed Alexis von Hoensbroech to serve as the CEO and Chairman of the airline for a period of five years lasting until 2026.
André
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