Austrian Airlines restructuring leads to solid 2Q operating profits

Credit: By Kurt Hofmann
Lufthansa Group subsidiary Austrian Airlines, 16 months into its comprehensive €220 million ($286.1 million) restructuring program, has reported a second-quarter operating profit of €21 million ($27.3 million), up 75% compared to $15.6 million in the year-ago period. The company did not release net...

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