With 4.9 billion passengers worldwide, aviation had put forward a record tax in the previous year, this year even the five billion brands should fall-the tree in the air also fought the demand for aircraft. And the upper Austrian supplier FACC also benefits from this. However, the Innviertler does not leave the highest turnover in the history of the company.
The increased costs for personnel, energy and bureaucracy also put pressure on the FACC – but the aircraft supplier was able to present good figures for 2024 on Wednesday. The turnover of the company from Upper Austria rose to 884.5 million euros, was more than ever. While the operating result grew to 28.3 million euros, the result fell after tax compared to 2023 and became 6.355 million euros. The profit after tax was 9.1 million euros the previous year.
The FACC is happy to grow the growing demand for aircraft. At the end of 2024, the leading aircraft manufacturers Airbus, Boeing, Comac and Embraer 17.163 had fixed machines in their order books. “All planes and motorcycle manufacturers are essential partners for us,” emphasizes CEO Robert Machtlinger in the annual report for 2024. The fact that it started to build a close collaboration with China 20 years ago.
Cost reduction and efficiency increase program -Runs
The company that he has managed describes Machtlinger as “robust, reliable and future -proof”. To stay that way, De Innviertler has prescribed a program for cost reduction and efficiency. By the end of 2026, the implemented measures must have an effect. The aim is to compensate for the disproportionate cost increases, which were also fed by the high wages and to guarantee the competitiveness.
Treaty of Machtlinger extended by June 2030
“The economic framework in Europe is major challenges for us. We are working on these topics,” says Machtlinger, whose contract was extended at the end of June 2025 on Tuesday to June 2030. For example, the focus is also on work in Croatia: there were wage -intensive activities in the field of cabinel equipment, technologically demanding activities remain in Austria. A total of 394 new employees were brought on board last year.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
