Austria

Ryanair Group’s Austrian subsidiary Lauda faces an “existential crisis” with its main base in Vienna expected to close before the end of the month, group CEO Michael O’Leary has warned.

The cuts include an already announced 40% reduction in flights to Italy.

After growing capacity by 8% in 2019, Serbia’s national air carrier is launching six new routes in 2020.

International Airlines Group is seeking to gain a foothold on Austrian soil by using LEVEL, its low-cost weapon on transatlantic routes, to enter the crowded European short-haul leisure market.