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Flyniki
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Irish Ryanair Acquires Austrian Laudamotion Completely
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.
January 29, 2019
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Austrian Budget Airline LaudaMotion: Fighting the Top Dog Lufthansa
LaudaMotion is to become a powerful low-cost airline. Ryanair ultimately intends to acquire a 75 percent stake. From June 2018, a total of 65 routes are to be served from Vienna, from seven German airports (Berlin/Tegel, Cologne, Düsseldorf, Frankfurt, Munich, Nuremberg, Stuttgart) and from Zurich to the Mediterranean region and to the Canary Islands.
March 30, 2018
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Ryanair Acquires 75 Percent of LaudaMotion
The Irish low-cost airline Ryanair is paying 100 million euros for the share. Ryanair will initially take over 24.9 percent of Laudamotion and intends to increase it to 75 percent, subject to the approval of the EU competition authority. The airline founder will continue to be in charge.
March 20, 2018
Record Year 2017: Flughafen Wien Group Handles 30.9 Million Passengers (+6.9%), Surpassing Threshold of 30 Million for the First Time
In spite of developments at Air Berlin and NIKI, 2017 will go down in airport history as a record year. The Flughafen Wien Group reported a passenger volume of over 30 million for the very first time in its history, and Vienna Airport site also exceeded the threshold of 24 million passengers for the first time.
January 16, 2018
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AUA to Strengthen CEE Network
After Air Berlin decided to reduce the number of flights from Vienna to Eastern European destinations, Austrian Airlines intends to fill the gap.
November 20, 2012
AUA Attempts to Prevent FlyNiki to Approach Tel Aviv
Austrian Airlines files a complaint against FlyNiki at the Austrian
February 18, 2012
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Lauda Leaves FlyNiki
Niki Lauda, founder of the Austrian Airline FlyNiki, sells his 50.1% stake to the German Air Berlin.
November 8, 2011
Emirates Wins Dispute over Air Rights
The Middle Eastern airline was allowed to offer 13 connections per week from Dubai to Vienna.
October 28, 2011
FlyNiki with Passenger Increase from Vienna Airport
The number of passengers departing from Vienna with Niki Lauda’s airline grew by 29% in the first half of 2011.
July 27, 2011
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Sales Increase for FlyNiki
Niki Lauda’s airline achieved strong growth in 2010, regarding both passengers and sales. The EBIT declined however.
March 31, 2011
AUA and Flyniki: Passenger Growth
Austrian Airlines increased its number of passengers by 9.7% in 2010; Flyniki achieved an increase of 29%.
January 13, 2011
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Discounts for Austrian Airlines and Lauda at Vienna International Airport
Vienna International Airport grants Austrian Airlines and Flyniki discounts. Flyniki rises to the second most important partner.
November 25, 2010
Lauda is Evaluating whether to Move From Vienna
The owner and CEO of the Austrian low-cost airline Flyniki is considering a withdrawal from Austria. He is very upset over the tax on airline tickets to be implemented on January 1, 2001.
November 2, 2010
Vienna International Airport: Business With Low-Cost Carriers booms.
A significant portion of Vienna International Airport’s sales are achieved with low-cost airlines. The airport's boss wishes a more extensive partnership with the Bratislava location.
October 21, 2010
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AUA: Licenses in Russia Expire
Austrian Airlines are worried about the landing and overflying rights in Russia. If there is no extension, there is a threat of higher costs.
October 20, 2010
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