Austrian Airlines Group CEO Alfred Oetsch said the company is "on the right course" as it reported a €7.7 million second-quarter profit that represents a turnaround from a €3.9 million loss suffered in the year-ago period. Oetsch said revamping the carrier's long-haul network(ATWOnline, June 28), staff cutbacks and the sale of its A330s, as well as an expanded "quality offensive" and its Focus East strategy(ATWOnline, July 10), were key contributors to the result. He emphasized, ...

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