Austrian Times RSS FeedsLike the Austrian Times Facebook page!Follow us on Twitter!


Events for May
M T W T F S S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Add your event FREE

Today

Polls

  • What would make you go to a restaurant?
  • show result

    all polls


Club Med


Robin Hood not giving up despite going bust

The head of Styrian airline Robin Hood Aviation said the company’s plan was to continue making business despite news today (Mon) that it had filed for bankruptcy.

Georg Pommer said he was optimistic about making profits by June if passenger figures remained stable.

The announcement comes after Creditors Associations KSV and AKV said the firm, which is based in Feldkirchen bei Graz, has filed for bankruptcy. Officials form the Commercial Court in Graz announced Robin Hood Aviation had debts of around 3.3 million Euros, adding that 24 employees and around 115 creditors were affected.

The company was founded in 2005 and offers connections between Graz and Linz to Zurich, Switzerland, and Stuttgart, Germany.

Robin Hood Aviation hit the headlines last month when weekly magazine profil revealed eleven people were dismissed under unclear circumstances.

Pommer rubbished the report and claimed he had "a clear conscience". He branded profil’s article as being full of "malevolent accusations" and stressed that an employer had rights too. Pommer said some of the mentioned former staff were dismissed "over the most extreme forms of misconduct" such as theft and planned fraud.

The Robin Hood Aviation CEO has for years spearheaded a campaign against the federal government’s actions over Austrian Airlines (AUA). The government bolstered AUA with around 500 million Euros in tax payers’ money last year – before it was taken over by German aviation company Lufthansa.

AUA currently carries out what company bosses describe as an "essential cost-cutting and efficiency scheme" to get back in the black. Hundreds of employees in its technical and cargo departments were dismissed recently, with hundreds more expected to follow over the next few months.

Speaking about what had brought his firm into difficulties, Pommer today named "difficulties in establishing" Robin Hood Aviation, "effects of the economic crisis" and disadvantages in competing with "aviation companies subsided by the state".

He also revealed plans to extend the number of connections from next month.

The bankruptcy of Robin Hood Aviation is the third in six years of an airline based in the province of Styria after Fairline Luftfahrt and Styrian Airways AG went bust in 2004 and 2006 respectively. Pommer was CEO of Fairline Luftfahrt while he also was involved in setting up Styrian Airways AG.

Austrian Times


Are you on Facebook? Like the Austrian Times on Facebook and win great prizes!


Your comment to this article :

(will be approved by an editor before going online)

  • Not for publication:
  • How many vertical lines (write the number in letters please ie four not 4) or which Text (from left to right) do you see in this image:


Related articles: EU

  1. Austrian economy recovers, says OECD

    » Business 2012-05-23

    The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

  2. AUA rules out Whitsun travel chaos

    » Business 2012-05-23

    The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

  3. Weak start for RWR Card

    » Business 2012-05-23

    People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).

more related articles tagged "EU"

Related articles: crisis

  1. Austrian economy recovers, says OECD

    » Business 2012-05-23

    The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

  2. AUA rules out Whitsun travel chaos

    » Business 2012-05-23

    The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

  3. Pröll outpaces friends and foes in capability check

    » General News 2012-05-23

    Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

more related articles tagged "crisis"

Related articles: business scandals

  1. Petrol traders plan legal action

    » Business 2012-05-17

    The domestic mineral oil industry plans to sue the government about plans to set up a tool regulating fuel prices.

  2. Sickness surge causes AUA cancellations

    » Business 2012-05-15

    Passengers are finally feeling the full impact of the emerging labour conflict at Austrian Airlines (AUA).

  3. TA recovers as CEO rejects Pecik fears

    » Business 2012-05-11

    Telekom Austria (TA) is back in the black.

more related articles tagged "business scandals"

Related articles: AUA

  1. AUA rules out Whitsun travel chaos

    » Business 2012-05-23

    The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

  2. Ambühl at the ready for AUA affiliate

    » Business 2012-05-22

    Gaudenz Ambühl has been named new head of Austrian Airlines (AUA) Group member Tyrolean Airways.

  3. Lauda disapproves cutbacks

    » Business 2012-05-15

    Niki Lauda has warned from making savings at FlyNiki to the expense of customers.

more related articles tagged "AUA"


Tag cloud:
bolstered  Pommer  airline  Robin  Hundreds  Hood  Creditors  Graz  Germany  bankruptcy  Euros  government  Aviation  Styrian  Luftfahrt  profil  based  employees  Airways  Airlines


Latest News

 

AUA rules out Whitsun travel chaos
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

Weak start for RWR Card
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).

Pröll outpaces friends and foes in capability check
Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

Foul-mouthed MPs might face fines
Fritz Neugebauer has started another attempt to introduce a system of fees for abusive parliament delegates (MPs).

Car sharers should get cheap U-Bahn tickets say greens
People who support the environment by signing up for car sharing initiatives to cut down inner city congestion should get subsidised public transport.

Film festivals in Vienna
There are two film festivals back to back in Vienna this May and June. The "Let's CEE Film Festival" shows films from Central and Eastern Europe, while the "Vienna Independent Shorts" focuses on short films.

Salzburg builds new prison
Salzburg is to get a new prison.

Postwoman killed by express train
An 32-year-old postwoman was killed instantly when she apparently failed to see a stop sign on a train track - and was hit by a 120 kph express train at the Grimmenstein sortage depot in the Lower Austrian region of Neunkirchen.

Dirty water caused by excrement
Health experts are struggling to find the source of excrement that has contaminated water supplies at the town of Köstendorf in Salzburg province.

Man Utd chase Austrian ace
Manchester United have signalised interest in David Alaba.

 


Austrian Times Rieder´s Digests


music-school

Popular in Austria

The most popular stories –
last 7 days


Friends and Partners




britishrock