Austrian Airlines boosts 2017 results on increased European demand

Credit: Rob Finlayson
Lufthansa subsidiary Austrian Airlines has reported a 2017 adjusted EBIT of €94 million ($112.6 million), up 62% from €58 million in 2016. Earnings before interest and taxes (EBIT) rose 55% to €101 million. The Star Alliance member cited an increasing demand for European flights—mainly because of...

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