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Austrian Airlines: positive net result of EUR 3,3 million in 2007

Milan, Italy - Adjusted EBIT returns clearly into positive figures at EUR 39.1m

"Substantial improvement in result situation The company succeeded in improving its EBIT from EUR -89.0m the previous year to EUR 25.6m in the report period 2007. This was primarily due to cost reductions achieved as a result of the closure of fuel-intensive, low-yield long-haul destinations featuring low levels of direct demand. At EUR 39.1m, EBIT adjusted to account for extraordinary effects (extraordinary...

fra/pec - 1087116

AVIONEWS - World Aeronautical Press Agency
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