For the first time since the beginning of the corona pandemic, Austrian Airlines can report black quarterly figures again. The adjusted EBIT in Q3 / 2021 was two million euros. Sales are reported at 304 million euros.

 The increase in supply in summer and autumn brought an increase of +51 percent in total expenses in the third quarter compared to the same quarter of the previous year (Q3 2021: 314 million euros, Q3 2020: 208 million euros). Both sales and expenses were around half the pre-crisis level (Q3 2019: sales: 639 million euros, total expenses: 597 million euros).

In the third quarter of the year, Austrian Airlines carried 2,3 million passengers, an increase of 206,5 percent on the previous year (2020: 760 thousand). The increased offer is reflected in the seat kilometers offered (ASK). In the past quarter of the year, 4,5 billion seat kilometers were offered, which corresponds to an offer of 53,9 percent compared to the pre-crisis level (Q3 2020: 1,5 billion ASK, Q3 2019: 8,3 billion ASK).

“The high flexibility of the Austrian team, the disciplined cost management and the clearly increasing number of incoming bookings are visible for the first time in our results. The positive figures give us a tailwind for the traditionally hard winter months and allow us to look to the coming year with optimism, ”explains Austrian Airlines CEO / CFO Alexis von Hoensbroech. “The gradual easing of travel is slowly but surely bringing us back to a slightly higher altitude, which in the summer was around 55% of production compared to the pre-crisis level. The corona crisis and the associated restrictions will nevertheless keep us busy longer than we would all like. It is all the more important that we continue to stand together as the Austrian team and as a society and do everything we can to leave the pandemic behind. "

Austrian Airlines also announced that around 2021 million euros of the government loan had been repaid in mid-July 30. The next installment, around 300 million euros, should be transferred towards the end of the year.