Irish LCC Ryanair has gained complete ownership of LaudaMotion with the acquisition of the 25% stake in the Austrian LCC held by its founder, former Formula 1 driver Niki Lauda. The transaction was completed Dec. 31, 2018; Ryanair had previously acquired a 75% stake in LaudaMotion. Lauda will remain as chairman of the subsidiary’s shareholders committee, Ryanair CEO Michael O’Leary told ATW in Vienna. Lauda, founder of bankrupt airberlin subsidiary NIKI, retook ownership of ...

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