Corona Update: Austrian Airlines prepares operations for time after Corona crisis

Company• Desire of 25-fifty% expected for summer months 2020
• Discussions on more support deal underway
• Controlled get started-up and realignment are staying geared up

Owing to regional and worldwide travel limitations, Austrian Airways final week extended the suspension of regular flight functions right up until May perhaps three, 2020. The somewhere around seven,000 workers are at the moment on quick-time work. The Austrian Federal Authorities introduced yesterday that total independence to travel cannot be expected to come again before long. Austrian Airways at the moment assumes that it will have 25-fifty% of the demand in summer months 2020 as opposed to 2019. Austrian also anticipates a significant reduction in demand for 2021 and the “pre-corona level” will most likely not be achieved right up until 2023 at the earliest. Appropriately, the crimson-white-crimson airline is getting ready for a reorientation and adaptation of the business to the changed travel behavior.

Discussions are by now ongoing with the Austrian govt, the owner Lufthansa and the social associates in purchase to get ready the new get started soon after the disaster.

Austrian Airways CEO Alexis von Hoensbroech commented: “The planet we will be traveling into will be a various a single. People today will travel all over again, but the overall economy, tourism and passenger requirements will have changed soon after the Corona disaster. We will align our business to learn this obstacle.”

This realignment involves a reduction in the size of the fleet and regular restructuring. The extent to which this will acquire location has not still been finally described and also relies upon on the more improvement of the disaster. “Our intention remains to maintain as a lot of flight connections and as a lot of positions as possible”, suggests the Austrian CEO.

Austrian Airways intends to proceed functioning the Vienna hub with its quick, medium and very long-haul routes: “We will do whatever is essential to accomplish this intention. That’s why the motto we set at the beginning of the disaster remains valid: The present shutdown is not a ‘Good Bye’ but a ‘See you later’”, adds CEO Alexis von Hoensbroech.

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