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Financial results of the Austrian Airlines Group for the first half-year 2009

Vienna, Austria - Economic crisis affects revenue and earnings

"The crisis in the international aviation industry intensified further in the second quarter of 2009. This development is also reflected in the financial figures of the Austrian Airlines Group for the first half of 2009, which posted a net result for the period of minus 166.6 million Euro, including non-cash impairment losses of 74.3 million Euro resulting from the valuation of aircraft. The adjusted...

fra/pec - 1108112

AVIONEWS - World Aeronautical Press Agency
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