Ryanair takes full control of Laudamotion

Ex PK-GLH, delivered on December 19, 2018

Ryanair and Laudamotion have made this announcement:

 

Laudamotion on January 29, 2019 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 of exciting growth initiatives, which includes:

  • Increasing Lauda’s fleet to 25 aircraft in summer 2019 (from 19 in S2018). Lauda has announced that it has signed LOI agreements with a number of lessors which will increase its Summer 2020 fleet to 30 – all Airbus – aircraft, which will allow Lauda to grow its traffic from 4 million guests in year 1 to 6 million guests in year 2 (FY March 2020) to 7.5m guests in FY March 2021.
  • This summer, Laudamotion will operate 4 bases as it grows in Vienna from 4 to 8 aircraft, Dusseldorf 7 aircraft, Stuttgart 3 aircraft, and Palma de Mallorca 2 aircraft. In winter 2019, the Vienna base will increase further to 11 aircraft, making Laudamotion Vienna’s No.2 airline, just behind Austrian Airlines. Laudamotion is releasing the first part of its winter 2019 flight schedules, offering passengers lower fares and more frequencies, from Vienna in particular. Details of up to 20 new routes from Vienna, Stuttgart, Dusseldorf, and Palma de Mallorca, will be announced in the next month or two once airport and handling negotiations have been successfully completed.
  • Laudamotion also announced details of up to 400 new jobs for pilots, cabin crew, and engineers across its 4 bases. It also unveiled details of its new Head Office (at Concorde Business Park), which it will move into in March 2019, and released details of a 250,000 seat sale with fares starting from €19.99 one way for travel in Feb, Mar, Apr and May from Vienna, Stuttgart, and Dusseldorf bases.

 

Top Copyright Photo (all others by the airline): Lauda – laudamotion.com Airbus A320-214 OE-LOA (msn 3147) PMI (Javier Rodriguez). Image: 945376.

Laudamotion aircraft slide show:

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