Reading Time: < 1 minute Last week Ryanair’s CEO revealed about potential Lauda’s switch from all-Airbus to all-Boeing fleet, whereas this week the company has said that there is a possibility of Lauda’s Vienna base closure. In a statement, Ryanair Group provided that in the fiscal year 2020 Lauda underperformed with fares lower than expected. This happened because of fierce […]

Reading Time: 2 minutes Laudamotion, Austria’s No. 1 low fares airline, confirmed that Ryanair has completed the purchase of 100% shareholding in Laudamotion GmbH from NL Holdings in late December. Laudamotion now becomes a 100% subsidiary of Ryanair Holdings Plc, the Group which owns Europe’s largest airline. With the support of Ryanair Holdings, Laudamotion has also announced a series […]

Reading Time: 2 minutes In an attempt to gain a stronger foothold in the German and Austrian market, Ryanair has agreed to buy an initial stake in Austrian carrier Laudamotion. Laudamotion is a newly formed carrier rising from the ashes of insolvent Niki, the low-cost subsidiary of the now defunct Airberlin. Niki flew to tourist destinations from Germany and […]