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RSS FeedsAnnual results 2017: Austrian Airlines Improves Results Once Again
(World News Austria)

 
 

15 march 2018 09:37:08

 
Annual results 2017: Austrian Airlines Improves Results Once Again
(World News Austria)
 


o Increase in adjusted EBIT from EUR 58 million to EUR 94 million o High demand in Europe and strong passenger growth drive revenue increase o CEO Kay Kratky expects a good but challenging year 2018 Austrian Airlines, Austria`s flag carrier, generated an adjusted EBIT of EUR 94 million in the 2017 financial year, comprising a rise of 62 percent from the prior-year level. EBIT, which for example includes book gains from aircraft sales, climbed 55 percent to EUR 101 million. The underlying reason for the good business results was in particular the increasing demand for European flights. A total of 12.9 million passengers flew with Austrian Airlines, or thirteen percent more than in 2016. `We...


 
20 viewsCategory: General > Europe > Austria
 
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