Austrian Airlines said on Monday it has scrapped its 2009 forecast and is now expecting a loss this year due to rising oil prices.
The Austrian national carrier also said in a statement it was looking at savings potential from what it called "internal optimization" and "extra potentials of a strategic partnership."
The airline said it now expected net losses of EUR70 million to EUR90 million euros this year. "Due to the current situation in the industry, the previous forecasts for 2009 are outdated," it said.
The airline said the interim plan for savings potential was expected at the end of July and a detailed recommendation over what action the owners should take by the end of September.
