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Third-quarter 2009 business results of the Austrian Airlines Group

Vienna, Austria - Economic crisis negatively impacts earnings

"The crisis of the international aviation industry has left its imprint on the earnings figures of the Austrian Airlines Group in 2009. In the first three quarters of the year, Austrian Airlines posted a net result for the period of EUR – 242.3m, compared to EUR -65.1 m in the first nine months of 2008. The business results contain extraordinary items with a major impact on earnings, i.e. impairment l...

fra/pec - 1110728

AVIONEWS - World Aeronautical Press Agency
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