Austrian Airlines CCO Karsten Benz and CEO Jaan Albrecht. By Kurt Hofmann Lufthansa subsidiary Austrian Airlines (OS) is making progress with its cost reduction program that is targeting cost reductions of €223 million ($271 million) this year, but warns there are still challenges ahead (ATW Daily News, Jan. 11). But OS CCO Karsten Benz told ATW the carrier “sees challenges inside the European business, like increasing costs, which have to be solved in the next six months ...

Subscribe to Access this Entire Article

"Austrian restructuring efforts continue" 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?

Already registered? here.