Austrian Airlines
| T033 | KEY FIGURES AUSTRIAN AIRLINES | |||
|---|---|---|---|---|
| 2024 | 2023 | Change in % | ||
| Revenue | €m | 2,457 | 2,346 | 5 |
| Operating income | €m | 2,542 | 2,406 | 6 |
| Operating expenses | €m | 2,467 | 2,279 | 8 |
| Adjusted EBITDA | €m | 186 | 232 | -20 |
| Adjusted EBIT | €m | 76 | 127 | -40 |
| EBIT | €m | 73 | 127 | -43 |
| Adjusted EBIT margin | % | 3.1 | 5.4 | -2.3 pts |
| Employees as of 31 Dec | number | 6,105 | 6,121 | 0 |
| Average number of employees | number | 6,174 | 5,948 | 4 |
| Number of flights | number | 119,127 | 113,417 | 5 |
| Passengers | thousands | 14,589 | 13,857 | 5 |
| Available seat-kilometres | millions | 27,578 | 25,444 | 8 |
| Revenue seat-kilometres | millions | 22,424 | 20,835 | 8 |
| Passenger load factor | % | 81.3 | 81.9 | -0.6 pts |
Austrian Airlines is Austria’s largest airline. It offers its customers a global route network and a high-quality product.
Austrian Airlines is investing in fleet expansion
Austrian Airlines started the modernisation and expansion of its long-haul fleet in financial year 2024. The airline integrated two Boeing 787-9 aircraft into its fleet. Additional aircraft of this type are set to follow in the years ahead and will successively replace the existing long-haul jets in the Boeing 777 and 767 families by 2029.
By integrating the Boeing 787-9, Austrian Airlines is focusing on one of the most innovative long-haul aircraft on the market. Thanks to its innovative technology, low weight, good aerodynamics and modern engines, the Dreamliners are significantly more efficient than their predecessors.
At the end of the reporting year, the Austrian Airlines fleet comprised 68 aircraft.
Austrian Airlines introduces innovative AeroSHARK technology
Austrian Airlines will equip four Boeing 777-200ER aircraft with the innovative AeroSHARK surface technology. The significantly reduced air resistance will lower the fuel consumption and CO2 emissions of Austrian Airlines’ long-haul fleet. The “sharkskin” technology is a key component of the carbon reduction pathway for Austrian Airlines. The first of the four aircraft was equipped with AeroSHARK in December 2024 and started flight operations in January 2025.
Renewed validation under the EMAS environmental management standard
Austrian Airlines was again successfully validated under the European EMAS Regulation, the world’s most demanding environmental management standard, and certified in accordance with the international ISO 14001 norm for environmental management systems. This confirms the Company’s ongoing commitment to the highest environmental standards. ↗ Combined non-financial declaration.
Austrian Airlines signs new wage agreements for cockpit and cabin crew and for commercial/technical personnel
In April 2024, Austrian Airlines and the trade union vida signed a new collective agreement for around 2,400 flight attendants and roughly 1,000 pilots. This was followed in June 2024 by an agreement with the GPA trade union for commercial/technical personnel. ↗ Employees.
Passenger numbers and load factor up in the reporting year
With 14.6 million passengers, Austrian Airlines carried 5% more customers in the reporting year than in the previous year (previous year: 13.9 million). Capacity was expanded by 8% year-on-year and was thus at 97% of its level prior to the outbreak of the coronavirus pandemic in 2019. Sales also rose year-on-year by 8%. The passenger load factor was 0.6 percentage points lower than the previous year’s level, at 81.3% (previous year: 81.9%). Yields fell by 2.4%. Traffic revenue went up by 4% to EUR 2,360m (previous year: EUR 2,268m).
Revenue up by 5% year-on-year, Adjusted EBIT down to EUR 76m
Revenue at Austrian Airlines climbed by 5% to EUR 2,457m in the 2024 financial year due to higher traffic (previous year: EUR 2,346m). Operating income increased year on year by 6% to EUR 2,542m (previous year: EUR 2,406m).
In the 2024 financial year, operating expenses of EUR 2,467m were 8% higher than in the previous year (previous year: EUR 2,279m). The cost of materials and services climbed by 9%, mainly as a result of increased fees and charges (+7%) and higher expenses for MRO services (+28%). Staff costs were 2% higher than in the previous year.
Adjusted EBIT at Austrian Airlines dropped by 40% in financial year 2024 to EUR 76m (previous year: EUR 127m). Earnings were also adversely affected by strikes (EUR 35m) and the Middle East conflict (EUR 41m). Austrian Airlines improved its earnings significantly year on year in the second half of 2024, however. The Adjusted EBIT margin declined by 2.3 percentage points to 3.1% (previous year: 5.4%) in the reporting year. EBIT went down by 43% to EUR 73m (previous year: EUR 127m).