Air Transport World

Austrian Airlines group.(EUROPE Report)(revenue report)(Financial report)(Brief article)

Austrian Airlines Group finished its "successful transitional year" [euro]11.5 million ($17.7 million) in the black, reversed from a [euro]51.6 million loss in 2006, as "redimensioning of the long-haul segment produced a significant stabilization in our business model, and strengthened us overall," CEO Alfred Oetsch said.

OS reported a 4.2% fall in full-year revenue to [euro]2.55 billion and an 8.2% drop in expenses to [euro]2. …

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