Irish Ryanair Acquires Austrian Laudamotion Completely

Lifestyle & TravelTravel ♦ Published: January 29, 2019; 14:01 ♦ (Vindobona)

The Austrian Niki-Airline successor Laudamotion has now been taken over 100% by Ryanair. Ryanair last held three quarters of the shares of Laudamotion. No information was given about the price for the remaining 25 percent.

Ryanair has completely taken over the Austrian Niki successor Laudamotion. / Picture: © Laudamotion

Ryanair has completely taken over the Austrian Niki successor Laudamotion.

The step was completed at the end of December, airline bosses Michael O'Leary, Colin Casey and Andreas Gruber told journalists.

Ryanair last held three quarters of Laudamotion's shares.

Niki Lauda, who previously held a 25 per cent stake, will continue to be involved as Chairman of the…