Austrian Airlines Group reported a 2011 first-half operating loss of €63.1million ($89.8 million), slightly improved from a €68.7million operating deficit in the year-ago period. Revenue was down 0.7% to €1.02 billion. "We had to deal with a lot of unexpected events," OS Executive Board Member Andreas Bierwirth said. Middle East unrest, the Japan earthquake, high fuel prices, currency exchange rate fluctuations and new taxes added €100million in costs to the ...

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