Austrian Airlines deepens 1Q net loss on LCC competition, higher costs
![](/sites/default/files/styles/crop_freeform/public/site-files/atwonline.com/files/uploads/2019/04/austrian-airbus-a321-zrh-rf-5k5a9658.jpg?itok=bbRp6EEs)
Credit: Rob Finlayson
Lufthansa subsidiary Austrian Airlines reported a 2019 first-quarter net loss of €99 million ($111 million), widened from a €73 million loss in the year-ago quarter. The company cited higher fuel and maintenance costs, as well as intense competition at its hub at Vienna International Airport, for...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.