Tuesday 19 March 2024
 
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Austrian

Iata welcomes reduction in Austrian air travel tax

The International Air Transport Association (Iata) has welcomed the announcement that the Austrian Air Travel Tax will be halved from January 1, 2018. The Austrian Ministers Council confirmed that the decision was taken to increas

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Austrian companies plan joint ventures with Iran

The Austrian government plans to set up joint ventures with Iran in the industrial and mineral sectors, a senior Austrian official said in a report. Economy minister of the Austrian Federal Government Petra Bohuslav made the remar

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Austrian Airlines, Sabre launch new mobile flight technology

Austrian Airlines has become the world’s first carrier to launch a new mobile solution, eFlight Manager, developed by Sabre Corporation, a global travel technology provider. The new solution will enable real-time NOTAM, weather an

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Austrian company plans $6bn investment in two Iran projects

An Austrian company is planning to invest around $6 billion in two oil and petrochemical projects in the Iranian province of Ilam, a senior official said in a report. The firm is interested in investing in the Dehloran petrochemic

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Lufthansa, Amadeus in key merchandising deal

Lufthansa, Europe’s largest airline and Germany’s flag carrier, and Amadeus, a leading technology partner for the global travel industry, have announced a new agreement that will see the airline sell advance seat reservation as an an

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Austrian firm Porr in Doha Metro deal

Porr Group, one of Austria’s largest construction companies and a leading player in Europe, said it has secured a major Doha Metro contract as part of a consortium consisting of SBG and HBK.   The complete

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Investcorp unit buys Austrian online firm

Investcorp, a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($177.67 million), betting on growth in online retail sector. Paysafecard provide

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Aabar in Austrian JV, eyes tech, property

Abu Dhabi's Aabar Investments, which took a stake in Daimler AG this year, said on Tuesday it planned a joint venture with Austria's Berndorf to invest in technology firms and property in Europe. The new firm, ABAG Aktiengesellscha

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