Laudamotion

9 results

Ryanair said on Monday that revenues had risen 9 per cent to €1.53 billion in the three months ended December 31st. Photograph: Alberto Pizzoli/AFP/Getty Images

Ryanair lost €20 million in the three months ended December 31st as air fares fell and fuel prices rose. The airline announced a major shake-up of it(...)

In New York, the S&P 500 and Nasdaq fell on Tuesday, as technology stocks pulled back. Photograph: Brendan McDermid/Reuters

European shares closed higher ahead of a blizzard of political, economic and corporate events, with a Brexit vote and Apple results on Tuesday and a F(...)

Ryanair chief executive Michael O’Leary declined to disclose the price  paid for Laudamotion. Photograph: Helmut Fohringer/AFP

Ryanair has acquired the remaining quarter of its Austrian unit Laudamotion for an undisclosed price, it said on Tuesday. Europe’s largest budget car(...)

Ryanair has carried 139.2 million passengers over the past year. Photograph: iStock

Passenger traffic at Ryanair rose 9 per cent to 10 million in December 2018, the airline said. Load factor – a measure of how full the flights are –(...)

Ryanair argues that many staff are happy with contractor status, which they say gives them higher pay. Photograph: Reuters

Ryanair is ramping up a new subsidiary with weaker labour rights to better compete in eastern Europe, infuriating staff and unions by bypassing conces(...)

Ryanair owns a 75 per cent stake in Laudamotion.

Laudamotion, the airline in which Ryanair has a 75 per cent stake, completed a deal to lease two Airbus aircraft to aid its growth plans. The airlin(...)

Ryanair chief executive Michael O’Leary:  there could be further profit warnings should Ryanair suffer more disruption and ground more aircraft over the winter. Photograph: Cyril Byrne

In broad terms, recent strikes at Ryanair could cost the airline up to €120 million. The carrier warned on Monday that profits for its full financial (...)

Ryanair boss Michael O’Leary. Photograph: Niall Carson/PA Wire

EU regulators have approved Irish airline Ryanair’s planned purchase of 75 per cent of Laudamotion, the Austrian carrier founded by triple Formula One(...)

Deal opens up the possbility that Ryanair could ultimately do a deal to buy aircraft from Airbus, which supplies LaudaMotion’s planes. Photograph: Reuters

Ryanair is buying 75 per cent of an airline founded by multiple Formula One champion, Niki Lauda, in its first acquisition in 15 years. The move giv(...)