14.03.

2013 / 020e

Annual results for 2012:

Austrian Airlines expects the turnaround in 2013
 With one-time effect: operating earnings rise to €65 million
 Without one-time effect: operating loss of €10 million
 Fuller aircraft yield record number of passengers: 11.5 million
passengers
 Working program creates foundation for turnaround, positive operating
result striven for 2013

The restructuring program launched by the Austrian Airlines Group has started
manifesting itself in the corporate results. An “avalanche” of costs arose in 2012 from
taxes on tickets and from increases in fuel prices. It amounted to a further €94 million
in costs. Notwithstanding this, Austrian, which is the country’s largest domestic
carrier, registered an operative loss in the year 2012 of a mere €10.2 million, after
removing special effects (2011: a loss of €59 million). The causes of this improvement
were its airplanes’ showing a higher load factor and successes in dampening the
effects of automatically-increasing costs. Factor in the one-time effects yielded by the
restructuring program and the result is a profit of €65 million.

CEO Jaan Albrecht: “2012 was a hard year. But it gave us a foundation upon which to
carry out the turnaround of the Austrian Airlines Group. I am confident that we will
achieve a positive operating result as early as 2013 – and that this will be without a
boost from any one-time effects.“

The figures in detail:

Total operating revenues rose by 4.4% in 2012 to €2,259 million (2011: €2,163
million). Operating expenditures increased by 2.1%, going from €2,222 million to
€2,269 million (adjusted). Taking into account the special effects arising from the
operational transition of flight operations to Tyrolean Airways, Austrian Airlines
registered in 2012 a non-adjusted operating profit of €65 million, an improvement of
€124 million (2011: a loss of €59 million).
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The positive special effects came to €75 million. These were comprised, on the one
hand, of expenditures of employment compensation, and, on the other, earnings
resulting from declines in obligations to provide employee benefits in the years to
come. These benefits include bonuses for anniversaries of employment, compensation
for termination of employment, and pension payments. Austrian Airlines continues to
pay for members staffing flight operations a contribution to corporate pensions
amounting to 4% or 5%.

This one-time effect caused Austrian Airlines to realize in 2012 positive operating
results. On an adjusted basis, Austrian Airlines registered an annual loss of €10.2
million.

Airplanes return to having a higher load factor

Some 11.5 million passengers flew with Austrian Airlines in the period from January –
December 2012, up 1.8% on a y-on-y basis. This was despite our offering of
“available seat kilometers” (ASK)’s having been reduced by 4.0%. The rate of
utilization (= load factor) rose by 3.8 percentage points to 77.5%.

Workforce
As of the balance sheet date of December 31, 2012, the Austrian Airlines Group
employed 6,236 employees (2011: 6,777 employees). In 2013, some 150 cabin crew,
station staff members and pilots will be hired.

Restructuring program proceeds on plan

Austrian Airlines launched at the beginning of 2012 a comprehensive restructuring
program. Its focus was on increasing the Group’s ability to compete and profitability.
Measures were implemented in 2012 that will cause earnings to improve on the long-
term. The centerpiece of these was the transition on July 1, 2012 of flight operations
to subsidiary Tyrolean Airways. This bundling of flight operations enabled the
reduction of redundancies in the management of flight operations. A corresponding
program will be put into operation in 2013.

The harmonization of the intra-Europe fleet has also been progressing. By the end of
April 2013, seven new Airbus A320s will join Austrian’s fleet. The fleet of Boeing

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B737s was successfully sold at the same time. These planes are now being
decommissioned on a step-by-step basis.

Focus on our customers

In October 2012, Austrian Airlines launched a product campaign for its long-haul fleet.
All of the Boeing B767s and B777s will be equipped by September 2013 with new,
modern cabins; new Economy seats; and new Business Class seats featuring
horizontal reclining surfaces and a new on-board entertainment system. Three aircraft
have already been refitted. More than €90 million will have been invested in the ten
airplanes. On May 17, 2013, Chicago will be added as a destination, thus bringing the
number of weekly flights to North America to 26. The reservation forecast foresees a
passenger load factor of more than 80%.

Positive prospects in 2013

“We are progressing towards being an economically healthy company. We want to fly
into the black this year,” concludes Albrecht.

Facts & figures: an overview

2012 2011 Change
Total operative revenues (adjusted) in € million 2,259 2,163 +4.4%
Operating expenditures (adjusted) in € million 2,269 2,222 +2.1%
Operating result in € million 65 -59 €124 million
Operating results (adjusted) in € million -10 -59 €49 million
EBITDA in € million 228 107 113.1%

Passengers in thousands 11,467 11,261 +1.8%

Available seat kilometers (ASK) 23,154 24,124 -4.0%
Utilization (passenger load factor) 77.5 73.7 +3.8 PP
Number of flights 139,847 146,408 -4.5%
Size of fleet (operative) 74 78 -4

Regularity of operation 99.3% 98.9% +0.4 PP

Punctuality on departure 88.6% 88.0% +0.6 PP
Punctuality on arrival 88.4% 86.7% +1.7 PP

Employees (number) 6,236 6,777 -8.0%

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Your Contact Person for reqests:

AUSTRIAN AIRLINES
Peter N. Thier
Telephone +43 (0)5 1766-11230
Fax +43 (0)5 1766-511230
peter.thier@austrian.com

Austrian Airlines

Austrian Airlines is Austria’s largest carrier and operates a global route network of round 130 destinations. That route
network is particularly dense in Central and Eastern Europe with 43 destinations. Thanks to its favourable geographical
location at the heart of Europe, the company’s hub at Vienna International Airport is the ideal gateway between East
and West. Austrian Airlines is part of the Lufthansa Group, Europe’s largest airline group, and a member of the Star
Alliance, the first global alliance of international airlines. The flight operations of the Austrian Airlines Group has been
bundled at its 100% subsidiary Tyrolean Airways since 1st July, 2012.

Owner. Editor. Reproducer: Austrian Airlines AG. Corporate Communications public.relations@austrian.com.

Please find further information concerning the disclosure according to §§ 24 and 25 Media Act on www.austrian.com