Laudamotion Losses Mount; Ryanair Assumes Subsidiary’s Vienna Routes

laudamotion
Credit: Laudamotion
SALZBURG, Austria­—Ryanair Group subsidiary Laudamotion has lost €300 million ($339 million) in the two years since its March 2018 launch, the group’s CEO Michael O’Leary said. O’Leary told Austrian News Agency APA he cannot say how high the financial loss will go once the impact of the COVID-19...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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