Lufthansa Group carrier Austrian Airlines (OS) will fall short of its target for a full-year positive operating result, OS supervisory board chairman Stefan Lauer said on the sidelines of a LH Airbus A380 ceremony in Vienna Monday. The carrier has been hit hard by the loss of business to the Middle East and North Africa. Last week the carrier reported a 2011 first-half operating loss of €63.1 million ($89.8 million), slightly improved from a €68.7million operating deficit in ...

Subscribe to Access this Entire Article

"Austrian to miss its full-year profit target" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.