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Austrian Result for First Half-Year of 2010 Austrian Airlines Result for First Half-Year of 2010: Restructuring Measures Take Effect 29/07/2010 • Operating loss reduced by 28.3 percent • Total revenues from operating activities up 6 percent despite airspace closures • Austrian anticipates sharp improvement in result for 2010 overall Austrian Airlines achieved a result from operating activities of minus 67 million euros in the first half-year of 2010. This meant the carrier succeeded in reducing its operating loss by 28.3 percent compared to the previous year (first half-year of 2009: minus 93.5 million euros). The extensive measures aimed at restructuring the company and reducing the cost base gradually began to bite in the first half-year. These effects will continue increasing in the course of the second half-year. That is the same for the new, active market strategy. The total revenues from operating activities rose by 6 percent to 1,024.9 million euros in the first half-year of 2010 (2009: 969.4 million euros) despite losses due to airspace closures. Austrian Airlines is striving to reduce its costs for the full-year 2010 by around 250 million euros, and to significantly stimulate its turnover. The aim is to achieve a positive cash-flow (free cash-flow before one-off effects) and to significantly reduce the operating loss compared to the previous year. The members of the Austrian Airlines Executive Board, Andreas Bierwirth and Peter Malanik, said the following: “Our measures are taking effect. We are moving in the right direction, but we have not yet reached our goal. We cannot afford to let up now, and must continue to implement our restructuring programme as consistently as before.” Traffic figures: Growth with new market strategy Austrian Airlines carried approximately 5 million passengers from January to June, or 8.8 percent more than the figure for last year. Without the negative impact of the airspace closures, this growth in the number of passengers carried would have hit double figures – in the single month of June 2010, the increase was 16.5 percent. The new market strategy, which Austrian Airlines implemented in the second quarter of 2010, is enabling the company to win back market share at its Vienna hub: the carrier’s share of the market at the hub rose by 2.7 percent in the first half-year. The load factor rose by 3.7 percentage points to 74.2 percent in the first half-year. Austrian Airlines reduced its capacity measured in Available Seat Kilometers (ASK) by 1.1 percent. Demand measured in Revenue Passenger Kilometers (RPK) rose by 4.1 percent, however. In the Europe business segment, Austrian Airlines carried approximately 3.9 million passengers in the first half-year of 2010 – 13.6 percent up on the figure for last year. The load factor rose by 2.1 percentage points to 67.5 percent. The figure for ASK rose by 8.9 percent, and that for RPK by 12.3 percent. In the Intercontinental business segment, Austrian Airlines carried 785,100 passengers in the first half-year of 2010. This is the equivalent of an increase of 5.6 percent compared to the previous year. The load factor improved by 7.2 percentage points to 80.3 percent. Austrian Airlines reduced its ASK by 4.4 percent. RPK rose by 5.1 percent. In the Charter business segment, Austrian Airlines carried 281,600 passengers in the first half-year of 2010. This figure is 27.7 percent lower than last year. The load factor fell by 4 percentage points to 74.1 percent. Austrian Airlines reduced its ASK by 25.9 percent. The figure for RPK fell by 29.7 percent. (...) Source : Austrian Airlines 2010-07-30 Web : http://www.aua.com

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