euro adhoc: Austrian Airlines AG / other / Focus East Offensive with result improvement dynamically continued

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Disclosure announcement transmitted by euro adhoc.
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25.04.2006

Extended flight availability disproportionately well sold in the
winter season Financial Result of Austrian Airlines Group, 1st
Quarter 2006

Summing up the highlights of the Austrian Airlines Group’s balance
sheet result for the first quarter of 2006, the Chief Executive
Officer, Vagn Soerensen, made the following statement: ‘In the first
quarter of the year, traditionally a weaker period in the industry as
a whole, we managed to report far stronger results than in the same
period last year and continue building upon our Eastern offensive. We
managed to increase availability (measured in ASK or available seat
kilometers) by 12.9% and to sell this on the market at a rate
significantly higher than the market average. As a result, we
increased our load factor on scheduled services by 4.5 percentage
points in the off-season to reach 72.4%. Based on this powerful
traffic performance, and against the background of the continuing
high price of kerosene, we improved our operating result by 18.6%
(EBIT adjusted). Now, we have designed a range of important new
measures - the launch of our new fare concept and internet
offensives, the setting-up of a new traffic flow management system,
future product innovations in the form of comfortable lie-flat beds
in Austrian Business Class and high-speed internet access on our
long-haul flights - to keep us on this successful course. In 2006 we
expect to achieve a balanced result (EBIT adjusted). Although this
will undoubtedly be a challenge, particularly in the context of the
industry-wide uncertainty over the kerosene price trend, it is an
entirely feasible objective from a present point of view given our
commitment and strength.’

Overview of Financial Result, 1st Quarter 2006

Key indicators 1-3/2006 1-3/2005 +/- %
Revenue EURm 546.8 462.5 18.2
EBITDAR EURm 44.4 14.3 -
EBITDAR adjusted1 EURm 38.7 23.1 67.5
EBIT EURm -50.1 -75.0 33.2
EBIT adjusted2 EURm -53.9 -66.2 18.6
Profit/loss before taxes EURm -55.6 -82.4 32.5
Profit/loss before
taxes adjusted2 EURm -67.7 -76.8 11.8
Net cash flow from
operating activities EURm 48.8 23.3 -
Passengers carried Passengers 2,118,763 1,863,760 13.7
Passenger load factor
(scheduled services) % 72.4 67.9 4.5 P.
Cargo Tons 39,710 34,862 13.9

1 Adjusted for profits/losses from the disposal of assets and for
exchange rate valuations at the reporting date.

2 Adjusted for profits/losses from the disposal of assets, exchange
rate valuations at the reporting date and revaluations of aircraft.

end of announcement euro adhoc 25.04.2006 07:27:16
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ots Originaltext: Austrian Airlines
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Konzernkommunikation:
Johannes Davoras
Johann Jurceka
Tel.: 051766-1231

Investor Relations
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Tel.: 051766 - 3642

Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, ATX Prime, ATX
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