Austrian repays €60 million loan instalments in 2021

After the early repayment of the first loan instalment of €30 million in July 2021, Austrian Airlines repaid another €30 million euros on 31 December 2021. By the end of 2021, the national carrier has repaid the first €60 million of the €300 million state-guaranteed loan. Austrian Airlines board member Michael Trestl said: “The corona pandemic has caused the worst crisis in our company’s history. Without the support of the Austrian Federal Government and other stakeholders, the continuance of Austrian Airlines as such would not have been possible. We are proud that we have already repaid a fifth of our