Austrian Airlines takes 2Q operating profit hit on political unrest, union disputes

Credit: Rob Finlayson

Lufthansa Group subsidiary Austrian Airlines has posted a second-quarter operating profit of €10 million ($13.4 million), down 52% compared with a €21 million operating profit in the year-ago quarter. Second-quarter operating revenue stayed flat at €586 million; expenses for the quarter were up 2%...

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