04.11.2004 – 07:59

Austrian Airlines

euro adhoc: Austrian Airlines AG
Quarterly or Semiannual Financial Statements
Austrian continues climb with extensive programme of expansion

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

Market leadership from and to Central/Eastern Europe and expansion in
Asia produce 13.6 % traffic growth/improvement in EBIT/fuel prices
become critical success factor

The steady progress in the Austrian Airlines Group’s strategy of
expansion into Central and Eastern Europe (the ‘Focus East’
programme) and into the Asia/Pacific region, ably supported by
far-reaching marketing offensives, generated passenger volume growth
of 13.6 % in the first nine months of the year and a three percent
increase in the average passenger load factor on scheduled services
to 73.2 %.

Comparison of Third Quarter Indicators for 2004/2003
~
Financial indicators                   1-9/2004   1-9/2003   +/- %
Revenue                       EURm      1,689.1    1,505.1   12.2
EBITDAR adjusted 1            EURm        241.7      186.9   29.3
EBITDAR                       EURm        238.6      271.9  -12.2
EBIT adjusted 2               EURm         25.1      -23.4     -
EBIT                          EURm         39.7       -7.5     -
Profit before tax adjusted 2  EURm         10.2      -37.4     -
Profit before tax             EURm         36.0      -19.0     -
Cash flows from operating     EURm        181.2      211.4  -14.3
activities        
Passengers carried                     7,310,953  6,437,157  13.6
Passenger load factor            %         73.2       70.2    3.0P.
(scheduled services)
~

1 Adjusted for profits from the disposal of assets and for exchange
rate valuations at the reporting date. 
2 Adjusted for profits from the disposal of assets, other disposal
costs of aircraft, exchange rate valuations at the reporting date and
revaluations of aircraft.

end of announcement                    euro adhoc 04.11.2004 07:25:07 

Further inquiry note:

Konzernkommunikation:
Johannes Davoras
Johann Jurceka
Tel.: 051766-1231

Investor Relations
Karl Knezourek
Tel.: 051766 - 3328

Branche: Air Transport
ISIN: AT0000620158
WKN: 062015
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing