The need for passenger aircraft is enormous and remains absolutely positive in the FACC numbers. The aircraft supplier of the upper Austrian Innviertel ruined to 231 million euros in the first quarter of 2025. However: with the win you left sources. Reason: high material costs.
The turnover of the FACC increased by 14.1 percent in the first quarter of 2025 – and therefore to 231 million euros. However, the result did not develop to the same extent, but even fell compared to the first three months of the previous year. The operational profit was therefore 4.3 million euros.
Why is that? A tense situation in the supply chains continues to have an impact here, reports the aircraft supplier of the Innviertel. The material prices are still high. The higher Austrians have already responded to higher costs, which are also available at personnel level, with a cost reduction and efficiency program. This is “still implemented with full force”, you let you know. The core problems here are the increase in efficiency, the optimization of prices, also for material and the reduction of fixed costs. Up to 80 million euros must be saved within two years.
The DNA of continuous improvement
“Even in difficult times we have confronted with the challenges and solutions. This resilience and our DNA to continuously improve us are the key to our success,” reveals CEO Robert Machtlinger in the 2024 annual report.
The funds of 10.8 million euros seized in China after the fake president incident in China, which was transferred to the FACC by the Republic of Austria at the end of March, were booked as a claim to the company. The return of the money was therefore not effective. The fraud, in which the criminals had taken place per e -mail, had taken place at the end of 2015.
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.
