After the AUA had to record heavy losses, it is now experiencing a slight rebound. Passenger numbers quadrupled and the airline turned a profit for the first time since the start of the crisis.
The Lufthansa daughter AUA has regained height over the past six months. Thanks to strong demand, especially for holiday destinations such as Greece or Spain, the number of passengers has almost quadrupled to 4.2 million. “In total, we have operated almost 40,000 flights, of which about 99 percent are on schedule,” explains AUA chief Annette Mann.
In the second quarter, the airline even made a small profit of two million euros. To meet the high demand, another 200 flight attendants were recently hired. Another 350 to 400 will be added next year.
Ticket prices a third more expensive
AUA is also starting the winter flight schedule earlier than last year. In addition to the Maldives and Cancún, there are a total of 80 destinations this year (including the new destination Marrakech). The airline is concerned about rising costs, especially kerosene. Mann: “While the share of spending used to be 30 percent, it’s now 35 percent.” If fuel stays expensive, it can get even higher. The airline’s liquidity is currently good, making it possible to repay a third of the government loan.
Mother Lufthansa has announced that she will be less likely to ramp up her offer due to the current flight chaos. The AUA, on the other hand, has no intention of cutting back.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
