Austrian Airlines AG

News and overview for Austrian Airlines AG

Austrian Airlines to buy shareholders out
Forbes | 30 days 18 hours 23 minutes ago
FRANKFURT -- Austrian Airlines AG will, along with its biggest shareholder Deutsche Lufthansa AG, buy out its remaining stakeholders, offering them 50 euro cents a share (about 75 U.S. cents).


Austrian Airlines EGM To Decide On Squeeze Out On Dec 16
Wall Street Journal, The | 9 days 18 hours 29 minutes ago
VIENNA (Dow Jones)--Austrian Airlines AG (AUA.VI) will hold an extraordinary general meeting on December 16 at which its new owner Deutsche Lufthansa AG (LHA.XE) intends to vote through a resolution to squeeze out the remaining minority shareholders, the Austrian carrier said Friday.


UPDATE: Austrian Air EGM On EUR0.5/Shr Squeeze Out Dec 16
Wall Street Journal, The | 9 days 16 hours 40 minutes ago
(Updates with further details, comment from Lufthansa, share price).


UPDATE: Austrian Air 3Q Net Loss Widens; On Track To Profit
Wall Street Journal, The | 24 days 17 hours 45 minutes ago
(Updates with further details, background, share price) By Flemming Emil Hansen Of DOW JONES NEWSWIRES VIENNA (Dow Jones)--Austrian carrier Austrian Airlines AG, or AUA (AUA.VI), Thursday said its third-quarter net loss widened considerably as a decline in passenger numbers and restructuring costs hit its bottom line.


3rd UPDATE: Austrian Airlines Offers EUR0.50/Shr Squeeze-Out
Wall Street Journal, The | 27 days 7 hours 39 minutes ago
(Adds more details, comment.) By Patrick McGroarty and Eyk Henning Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Austrian Airlines AG (AUA.VI) Friday said it would offer EUR0.50 a share to its remaining minority shareholders in a squeeze-out pending approval by the airlines' board of directors.


PRESS RELEASE: Third-Quarter 2009 Business Results Of The Austrian Airlines Group: Economic Crisis Negatively Impacts Earnings
Wall Street Journal, The | 18 days 19 hours 42 minutes ago
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UPDATE: Austrian Airlines Offers EUR0.50/Shr Squeeze-Out
Wall Street Journal, The | 27 days 8 hours 34 minutes ago
(Adds details, comment from Lufthansa) By Patrick McGroarty and Eyk Henning Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Austrian Airlines AG (AUA.VI) Friday said it would offer EUR0.50 a share to remaining minority shareholders in a squeeze-out pending approval by the airlines' board of directors.


2nd UPDATE: Austrian Airlines Offers EUR0.50/Shr Squeeze-Out
Wall Street Journal, The | 27 days 7 hours 38 minutes ago
(Adds detail, analyst comment.) By Patrick McGroarty and Eyk Henning Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Austrian Airlines AG (AUA.VI) Friday said it would offer EUR0.50 a share to its remaining minority shareholders in a squeeze-out pending approval by the airlines' board of directors.


Austrian Airlines Offers EUR0.50/Shr In Squeeze-Out
Wall Street Journal, The | 27 days 8 hours 37 minutes ago
FRANKFURT (Dow Jones)--Austrian Airlines AG (AUA.VI) Friday said it would offer EUR0.50 a share to remaining minority shareholders in a squeeze out which still needs approval from the airlines' board of directors.


PRESS RELEASE: Remaining Minority Shareholders Of Austrian Airlines To Receive 0.50 Euros Per Share
Wall Street Journal, The | 27 days 8 hours 34 minutes ago
=------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution


Austrian Air 3Q Net Loss Widens As Sales Drop, Revamp Weighs
Wall Street Journal, The | 24 days 19 hours 35 minutes ago
Of DOW JONES NEWSWIRES VIENNA (Dow Jones)--Austrian carrier Austrian Airlines AG, or AUA (AUA.VI), Thursday said its net loss widened considerably in the third quarter of 2009 as a decline in passenger numbers and restructuring costs burdened the bottom line.


Lufthansa Cautions on Full Year
Wall Street Journal, The | 25 days 9 hours 30 minutes ago
FRANKFURT -- Deutsche Lufthansa AG said Wednesday that it swung to a net loss in the first nine months of the year and warned that its full-year earnings will be hit by falling passenger numbers and the rising oil price.


BRIEF-Austrian stock exchange to suspend AUA trading briefly
Forbes | 30 days 20 hours 9 minutes ago
VIENNA, Oct 23 (Reuters) - * Austrian stock exchange to suspend trading of Austrian Airlines AG shares from open to 1000 cet (0800 gmt) Article Controlsemail


2nd UPDATE: Lufthansa Sees '09 Loss, New Units To Weigh On Pft
Wall Street Journal, The | 24 days 14 hours 42 minutes ago
(Adds detail.) By Jan Hromadko Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Deutsche Lufthansa AG (LHA.XE) said Thursday it expects to post a full-year net loss in 2009, as its business will be hit by dwindling passenger numbers and falling ticket prices and a renewed increase in oil prices.


UPDATE: Lufthansa Swings To 9-Mos Net Loss; 4Q Will Be Key
Wall Street Journal, The | 25 days 12 hours 30 minutes ago
(Adds detail.) By Jan Hromadko Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--German airline Deutsche Lufthansa AG (LHA.XE) Wednesday said it swung to a net loss in the first nine months of the year and warned that its full-year earnings will be hit by falling volumes and prices and the renewed increase in oil prices.





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Company Overview


Company: Austrian Airlines AG
Industry: Airlines
Website: http://www.austrianairlines.co.at

If you're going from Vienna to Vilnius, you might very well be venturing via Austrian Airlines (AUA). The national carrier, operating from its hub in Vienna, serves more than 100 destinations in some 60 countries through its Austrian Air, Austrian Arrows, and Lauda Air units and their fleet of about 100 aircraft. AUA also offers air cargo transportation and charter flights. The carrier extends its network as part of the Star Alliance, an airline marketing and code-sharing group led by United Airlines and Lufthansa. (Code-sharing arrangements enable airlines to sell tickets on one another's flights and thus serve more destinations.) Lufthansa took control of AUA in September 2009, upping its stake to 95%.


Key Numbers

Sales in U.S. Dollars (mil.) 3,470.6 (2008)
One-year % Growth in Sales -4.5 (2008)
Net Income in U.S. Dollars (mil.) -605.4 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 0 (0)
One-year % Growth in Number of Employees 0.0 (0)
Fiscal Year-End December