Austrian Airlines: loan installments of 60 million euros repaid in 2021
Source: Austrian Airlines Liquidity remains stable in spite of ongoing pandemic Austrian Airlines thanks the Federal Government, all employees and customers for their support After the early repayment of the first loan installment of 30 million euros in July 2021, Austrian Airlines repays another 30 million euros on 31 December 2021. By the end of 2021 the national carrier has repaid the first 60 million euros of the state-guaranteed loan with a total of 300 million. Despite the ongoing pandemic, the red-white-red airline is fulfilling its responsibility and meets the financial agreements as planned. Austrian Airlines board member Michael Trestl: “The corona pandemic has caused the worst crisis in our company's history. Without the support of the Austrian Federal Government [...]