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Lauda (airline)
Lauda, legally Laudamotion GmbH (formerly Amira Air), was an Austrian low-cost airline based in Concorde Business Park in Schwechat, near Vienna, Austria. It was a subsidiary of Ryanair Holdings since 2018, along with Ryanair DAC, Ryanair UK, Malta Air and Buzz. Former Formula 1 World Champion Niki Lauda had a minority stake in Amira Air before buying it outright in 2016.
In January 2018, Lauda acquired Niki, an airline originally founded by Niki Lauda. Amira Air then became a scheduled airline. Since June 2020, all Lauda flights were operated as wet leases with Ryanair flight numbers. As of November 2020, Lauda has been replaced with the Maltese Lauda Europe.
The airline was founded in 2004 as Amira Air by investor Ronny Pecik as a provider of charter flights for executive travel, serving European and international destinations.
In 2016, Niki Lauda took over Amira Air and renamed the company LaudaMotion. Until February 2018, the airline operated chartered business flights with a fleet of business jets. The operation was moved to a new unit to make way for scheduled passenger flights.
On 23 January 2018, the creditors' committee of the insolvent airline Niki agreed to sell the airline to Lauda Motion GmbH. It was announced that the Niki brand would be retired and all operations transferred to Laudamotion, which would operate 15 aircraft transferred from Niki and be ready to begin operations for the summer 2018 season.
On 16 February 2018, Condor agreed to take over sales and marketing of three Laudamotion planes, as well as operational functions. Initial destinations will included flights from Düsseldorf, Frankfurt, Stuttgart and Basel to Majorca, Ibiza and Málaga, which could be booked through the Condor website and travel agencies.
On 20 March 2018, Ryanair announced it would acquire 24.9% of LaudaMotion, to rise to 75%, subject to approval by EU authorities. The deal was reported to be worth an initial €50m plus €50m for first year start up and operating costs. The intention was to reach profitability by the third year of operations with a fleet of 30 aircraft. On 29 March 2018, the airline announced it would open seven bases in Germany in addition to the bases at Vienna and Zürich. However, in May 2018 Laudamotion announced it would not go ahead with proposed routes to and from Zurich Airport owing to unavailability of leased aircraft.
In April 2018, Condor announced it was ending its cooperation and sales agreement with Laudamotion earlier than planned. Condor stopped providing sales infrastructure and stopped selling Laudamotion flights at the end of April 2018. In the same months, Eurowings also announced it would not extend its short-lived cooperation with Laudamotion. The wet-lease contract ended on 31 May 2018.
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Lauda (airline)
Lauda, legally Laudamotion GmbH (formerly Amira Air), was an Austrian low-cost airline based in Concorde Business Park in Schwechat, near Vienna, Austria. It was a subsidiary of Ryanair Holdings since 2018, along with Ryanair DAC, Ryanair UK, Malta Air and Buzz. Former Formula 1 World Champion Niki Lauda had a minority stake in Amira Air before buying it outright in 2016.
In January 2018, Lauda acquired Niki, an airline originally founded by Niki Lauda. Amira Air then became a scheduled airline. Since June 2020, all Lauda flights were operated as wet leases with Ryanair flight numbers. As of November 2020, Lauda has been replaced with the Maltese Lauda Europe.
The airline was founded in 2004 as Amira Air by investor Ronny Pecik as a provider of charter flights for executive travel, serving European and international destinations.
In 2016, Niki Lauda took over Amira Air and renamed the company LaudaMotion. Until February 2018, the airline operated chartered business flights with a fleet of business jets. The operation was moved to a new unit to make way for scheduled passenger flights.
On 23 January 2018, the creditors' committee of the insolvent airline Niki agreed to sell the airline to Lauda Motion GmbH. It was announced that the Niki brand would be retired and all operations transferred to Laudamotion, which would operate 15 aircraft transferred from Niki and be ready to begin operations for the summer 2018 season.
On 16 February 2018, Condor agreed to take over sales and marketing of three Laudamotion planes, as well as operational functions. Initial destinations will included flights from Düsseldorf, Frankfurt, Stuttgart and Basel to Majorca, Ibiza and Málaga, which could be booked through the Condor website and travel agencies.
On 20 March 2018, Ryanair announced it would acquire 24.9% of LaudaMotion, to rise to 75%, subject to approval by EU authorities. The deal was reported to be worth an initial €50m plus €50m for first year start up and operating costs. The intention was to reach profitability by the third year of operations with a fleet of 30 aircraft. On 29 March 2018, the airline announced it would open seven bases in Germany in addition to the bases at Vienna and Zürich. However, in May 2018 Laudamotion announced it would not go ahead with proposed routes to and from Zurich Airport owing to unavailability of leased aircraft.
In April 2018, Condor announced it was ending its cooperation and sales agreement with Laudamotion earlier than planned. Condor stopped providing sales infrastructure and stopped selling Laudamotion flights at the end of April 2018. In the same months, Eurowings also announced it would not extend its short-lived cooperation with Laudamotion. The wet-lease contract ended on 31 May 2018.