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Austrian Airlines

euro adhoc: Austrian Airlines AG
other
Guidance for 2008 Annual Result not sustainable due to economic downturn

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
16.10.2008
The current economic downturn has already led to declines in bookings
as of  the start of the 4th quarter. Noticeable consequences for the 
aviation industry  due to the general financial and economic crisis 
are also expected  for  the  coming months. Based on the already 
observed as well as expected declines  in  bookings Austrian Airlines
has  calculated  new  forecasts.  The  new  revenue  forecast through
the end of the fiscal year produced on this  basis  indicates  that  
the previous guidance can no longer be upheld. The  expected  
sales-related  revenue losses are higher than the relief in the area 
of fuel costs, meaning a net  loss for the year before special 
effects of EUR 100 to 125 million  can  be  expected for the 2008 
fiscal year.
Please find further information concerning the disclosure according 
to §§ 24 and 25 Media Act on www.austrian.com
end of announcement                               euro adhoc

Further inquiry note:

Corporate Communications:
Livia Dandrea-Böhm
Tel.: 051766-11231

Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 13311

Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market

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