RYANAIR bought Laudamotion in 100%
But everything had a specific purpose. Europe's largest low-cost carrier needed Laudamotion to attack the Austrian market, in addition to entering other holiday markets. And after a year, RYANAIR bought Laudamotion at 100%.
Laudamotion, a subsidiary of 100% RYANAIR
Official Laudamotion became a subsidiary of RYANAIR. The transaction was confirmed today, 29 January 2019. Ryanair Holdings Plc bought the shares of Laudamotion GmbH from NL Holdings.
At the same time, the objects of the Austrian low-cost carrier were announced. Laudamotion fleet will grow to 25 aircraft in the 2019 summer season, followed by the 2020 summer season to reach 30 all-Airbus aircraft.
In 2019, Laudamotion will operate flights from 4 bases: Vienna (8 aircraft), Dusseldorf (7 aircraft), Stuttgart (3 aircraft) and Palma de Mallorca (2 aircraft).
Laudamotion will fly from Vienna, Dusseldorf, Stuttgart and Palma de Mallorca
According to the new targets, Laudamotion will be able to carry 4 million passengers by March 2019, 6 million passengers by March 2020 and 7.5 million passengers by March 2021.
In the coming months, over 20 new routes will be announced from the 4 Laudamotion bases. According to company officials, there are still negotiations to be conducted with the targeted airports and handling companies.
In the near future, Laudamotion will compete for 400 seats for pilots, flight attendants and engineers for the 4 operational bases.
We remind you that Laudamotion flies on the Bucharest - Vienna route, and tickets can be purchased from 10 euro / segment.