Lufthansa subsidiary Austrian Airlines reported a 2019 first-quarter net loss of €99 million ($111 million), widened from a €73 million loss in the year-ago quarter. The company cited higher fuel and maintenance costs, as well as intense competition at its hub at Vienna International Airport, for the loss. During the quarter, strong competition resulted in an 4% year-over-year (YOY) total revenue to €382 million. “The first quarter shows a mixed picture. We are happy ...

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