Laudamotion To Double Its Airbus Fleet In Wake Of Ryanair Deal
Austrian airline Laudamotion has announced that it will double its Airbus fleet from nine to 18 aircraft in the summer of 2019 following the completion of Ryanair’s purchase of 75% shareholding in Laudamotion GmbH from Niki Lauda this month.
Laudamotion also announced a series of initiatives to support the company's continued growth, including confirmed delivery dates for 9 additional Airbus A320 aircraft for summer, 2019; a new aircraft livery which reflects Laudamotion’s Austrian heritage; new Vienna offices to accommodate more jobs; pilot pay increases and basic pay guarantees; and a new personnel director, Christian Euler Rolle, who starts in the position on September 1, 2018.
Facing The Future With Confidence
Commenting on the announcement, Laudamotion CEO Andreas Gruber said, “Laudamotion now faces the future with great confidence, backed by the enormous financial strength of Ryanair, our new majority shareholder and Europe’s largest airline. Laudamotion has already achieved load factors over 90% in its first summer season, thanks to the efforts of over 500 Laudamotion colleagues. These nine additional 2019 Airbus deliveries ensure that Laudamotion will grow again by at least 20% in 2019 to five million guests p.a. We look forward to offering even more low fare choices to Austrian and German customers.”
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