Tag: Laudamotion

Laudamotion Becomes a 100% Subsidiary of Ryanair

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 […]

Ryanair to Acquire Initial 24.9% Stake in New Airline Laudamotion

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 […]