Ryanair ups competition in Europe with LaudaMotion deal
Credit: Ryanair
Ryanair has entered an agreement to take a 24.9% stake in Niki Lauda’s new Austrian carrier, LaudaMotion, with a plan to grow ownership to 75%. The deal, announced March 20, means Ryanair wins the airline that International Airlines Group (IAG) and Lufthansa each tried and failed to acquire last...
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