As previously reported, on January 23, 2018, the creditors’ of defunct Niki (Vienna), selected Lauda Motion GmbH as the company that would take over the assets of the grounded airline.

Niki brand has been retired and all operations will operate under the Laudamotion brand with 15 Airbus A320 family aircraft transferred from Niki.

Operations are expected to commence for the summer 2018 season.

Previously, up until February 2018, Niki Laura used the Laudamotion name for his charter operations with a fleet of business jets.