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Austrian Airlines in the Red in 2020, Hopes for 2021 Comeback

MIAMI – In a press release today, Austrian Airlines (OS) states that the coronavirus crisis and a three-month standstill of flight operations have pushed its annual financial results deep into the red. OS reported a loss of €319m (US$371m) in 2020. This contrasts with the adjusted profit of €19m (US$23m) the airline generated in 2019. […]

The post Austrian Airlines in the Red in 2020, Hopes for 2021 Comeback appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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