Airlines
Ryanair To Partner With Niki Lauda To Build LaudaMotion
Irish low-fare carrier to support fleet of Airbus narrowbodies
Former Formula One champion Niki Lauda discusses plans for his new Austrian airline, LaudaMotion. (Photo: LaudaMotion)
Former Formula One champion Niki Lauda discusses plans for his new Austrian airline, LaudaMotion. (Photo: LaudaMotion)

Ryanair has entered into a binding agreement with former Formula One champion Niki Lauda to support his plan to develop a new Austrian airline based in Vienna called LaudaMotion, the Irish Boeing 737 operator announced Tuesday. Austrian AOC holder LaudaMotion has recently acquired many of the assets of the former Niki Airline, including Airbus A320s, with the intention of launching scheduled and charter services from Germany, Austria, and Switzerland mainly to Mediterranean leisure destinations.