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 […]

Reading Time: 2 minutes Ryanair has confirmed the Irish LCC has contacted the Austrian administrators of bankrupt airberlin subsidiary NIKI, expressing interest in participating in the insolvency process and potential purchase of remaining NIKI assets, head of communications Robin Kiely told ATW. Ryanair was one of the earlier bidders for NIKI, which filed for bankruptcy Dec. 13, 2017, immediately […]