Q1 2018 financial results: Austrian Airlines Reports Earnings Decline in the Winter Quarter
(World News Austria)

o Adjusted EBIT at minus EUR 67 million in the first quarter following a weak March o Revenue increase and passenger growth as a consequence of fleet expansion o Outlook: Positive operating results for the entire year 2018, but slightly below the prior year Austrian Airlines, Austria`s flag carrier, reported adjusted earnings before interest and taxes (Adjusted EBIT) of minus EUR 67 million in the weak winter quarter of January-March 2018 (Q1 2017: minus EUR 59 million). The earnings decline is mainly due to three factors: the costs...