Airline Code [AUA]
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Tags :Continental Europe, Austrian Airlines
Against the background of the current crisis in aviation, high kerosene prices and reduced demand, the Austrian Airlines Group is evaluating a series of measures designed to optimise its own production.
Now, in a first step, the company will be carrying out selective capacity adjustments in the coming months.
As the situation stands at present, overall production will be reduced by 5% this coming winter compared to the original plan, with three fewer aircraft being used in 2009.
Austrian Chief Executive Officer Alfred Ötsch, said ... “With this step, we are reacting selectively to the tense situation in the industry. On North Atlantic routes, which have come under particularly sharp pressure due to the weak rate of the dollar and collapse in economic activity, we will be reducing our capacities by a total of 21% this winter.
"Seasonal frequency reductions in various markets in Western Europe will complement our package of measures, without affecting our route network in the growth markets of Central and Eastern Europe and the Middle East, which are a fundamental strength and competitive advantage. Our new Austrian Premium Service will begin as planned on July 15.”
Chicago will no longer be served from the beginning of the winter schedule.
The flight schedule to Mumbai will be reduced from seven to five flights a week in the winter season.
From mid-Jan-09 until the end of the winter season, the number of flights to New York will be reduced from six to five a week, and to Washington from seven to six.
Flights to London City Airport will be removed from the schedule from 18-Aug.
The flight schedule to London Heathrow, with up to five flights a day, remains unchanged.
(c) Centre for Asia Pacific Aviation. Date posted: 17-Jul-08
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