Austrian Airlines mid-year result heavily impacted by pandemic

The pandemic has continued to have a drastic effect on Austrian Airlines’ corporate results. At the end of the second quarter of 2021, the airline offered only 55% of its pre-crisis capacity and therefore generated an adjusted loss before interest and taxes (adjusted EBIT) of €95 million. Adjusted EBIT for the first half of the year was a loss of €201 million compared to a €235 million loss in the same period of the previous year. Compared to the first half of 2020, the number of passengers fell by 44% to just under 1.1 million – compared with 2019 this