Laudamotion Losses Continue To Widen, CEO Says

Ryanair Group CEO Michael O'Leary (left) and Laudamotion CEO Andreas Gruber (right), flanked by Laudmotion personnel
Credit: Laudamotion
VIENNA—Ryanair subsidiary Laudamotion is expected to widen its losses in 2020 as a result of increased competition at its Vienna base and in Germany. In October 2019, Ryanair Group CEO Michael O’Leary had predicted the Vienna-based LCC would see a loss of around €80 million ($89 million) during its...

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