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Austrian Airlines

euro adhoc: Austrian Airlines AG
quarterly or semiannual financial statement / Austrian Airlines Group begins report year 2007 with significant improvement in result

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
25.04.2007
Strong starting-point based on restructuring measures introduced and 
consistent expansion of Focus East strategy
Financial Result of Austrian Airlines Group, First Quarter 2007
Austrian Chief Executive  Officer  Alfred  Ötsch  today  offered  the
following summary of the newly-released figures: 'Our  operating  
result  (EBIT)  improved significantly in the first quarter  of  2007
compared  to  the  previous  year, rising from EUR -50.1m to EUR 
-19.0m, and  now  forms  a  sound  basis  for  the further 
development of the financial year 2007. Last year's  successful  
capital increase and steady implementation of our  redimensioning  
processes  throughout the company are key factors  in  our  future.  
The  restructuring  measures  and closure of unprofitable long-haul  
routes  are  already  well  underway,  and  a social plan has been 
worked out and agreed with the Staff Council for  employees affected 
both directly and indirectly by the changes.  The  impact  of  our  
and service offensive are already  measurable  in  passenger  figures
and  we  will continue with the  quality  focus  in  2007:  the  
refitting  of  our  long-haul
Business Class sections with lie-flat sleeper seats is largely complete, and  we
expect passengers to be enjoying DO&CO catering on board our  flights  from  the
summer of 2007 onwards.'
Overview of Financial Result, First Quarter 2007
Key indicators                            |1-3/2007   |1-3/2006   |+/- %     |
Revenue                          EURm       |561.5     |546.8     |2.7       |
EBITDAR                          EURm        |67.9      |44.4    |52.9      |
EBITDAR adjusted 1               EURm        |59.8      |38.7    |54.5      |
EBIT                             EURm       |-19.0     |-50.1    |62.1      |
EBIT adjusted 2                  EURm       |-27.1     |-53.9    |49.7      |
Result before tax                EURm       |-29.2     |-65.3    |55.3      |
Result before tax adjusted 2     EURm       |-36.5     |-67.7    |46.1      |
Cash flow from operating         EURm         69.0       48.8     41.4
activities
Passengers carried (scheduled &  Passengers|2,245,382 |2,117,368  |6.0       |
charter)                         |          |          |          |          |
Passenger load factor (scheduled %         |  74.1      |72.4     |1.7P.     |
services)                        |          |          |          |          |
Cargo                            Tons     | 37,924    |40,128    |-5.5      |
1 Adjusted for result from the disposal of assets and exchange rate
  valuations at the reporting date.
2 Adjusted for result from the disposal of assets, exchange rate valuations
  at the reporting date and revaluations of aircraft.
end of announcement                               euro adhoc 25.04.2007 07:27:09

Further inquiry note:

Konzernkommunikation:
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Tel.: 051766-1231

Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 3311

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

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