Well my friend if its a fake it is bloody good....I like it ! but that does not authenticate it...I am afraid my knowledge is scant on these Austro-Hungarian flight badges, so we shall see what others have to say...but I certainly think it has a very good chance ! Thanks for posting.
Prost ! Steve.
"The German Army is the perfectly adapted, perfectly running Machine. The difference is that the Germans are organised with a view to War...with the cold, hard, practical and business-like purpose of winning victories."
G.W. Steevens - The Daily Mail (1897)