50 SKY SHADES - World aviation news

Laudamotion Announces New 2019 Aircraft, New Livery, New Offices And Pay Rises Following Ryanair 75% Purchase

Download: Printable PDF Date: 29 Aug 2018 19:55 (UTC) categories:
Publisher:
Laudamotion Announces New 2019 Aircraft, New Livery, New Offices And Pay Rises Following Ryanair 75% Purchase - Finance publisher
Dana Ermolenko
Country: Austria Aircraft: Airplanes

Laudamotion, Austria’s No. 1 low fare airline, announced that it would double its Airbus fleet from 9 to 18 aircraft in Summer 2019 following the completion of Ryanair’s purchase of 75% shareholding in Laudamotion GmbH from Niki Lauda in August.

Laudamotion also announced a series of initiatives to support Laudamotion’s continued growth, which include:

  • Confirmed delivery dates for 9 additional Airbus A320 aircraft for Summer 2019
  • A new aircraft livery which reflects Laudamotion’s Austrian heritage
  • New Vienna offices to accommodate more, high paid, high quality jobs
  • Pilot pay increases and basic pay guarantees
    • Guaranteed Captain starting basic pay of €90,000 p.a., (higher than Wizz €56k, Level €72k and Eurowings €78k)
    • Up to €180,000 total Capt pay p.a. including flight pay/allowances
    • Guaranteed First Officer starting basic pay of €46,000k p.a., (higher than Wizz €26k, Level €38k and Eurowings €44k)
    • Up to €70k total First Officer pay p.a. including flight pay
  • Roll out of a stable winter roster 5 days on, 3 days off (a bank holiday every weekend)
  • A new Personnel Director Christian Euler Rolle who starts on 1st Sept 2018.

Speaking in Vienna today, Laudamotion’s CEO, Andreas Gruber, said:

“Laudamotion now faces the future with great confidence, backed by the enormous financial strength of Ryanair, our new majority shareholder and Europe’s largest airline. Laudamotion has already achieved load factors over 90% in its first summer season, thanks to the efforts of over 500 Laudamotion colleagues. These 9 additional 2019 Airbus deliveries ensure that Laudamotion will grow again by at least 20% in 2019 to 5m guests p.a. We look forward to offering even more low fare choices to Austrian and German customers.”

Ryanair’s Chief Commercial Officer, David O’Brien, added:

“Ryanair is pleased to complete the purchase of a 75% shareholding in Laudamotion GmbH from Niki Lauda and his team. We applaud the extraordinary work of Niki Lauda, Andreas Gruber and all the Laudamotion team in the face of very difficult market circumstances and unfair competitor activity to deliver this flying programme this summer, which has provided low fares for the first time ever on over 53 routes. We look forward to fulfilling Niki Lauda’s vision of Laudamotion as Austria’s No. 1 low fare airline and providing competition and choice to the high fare airlines which have for too long fleeced Austrian and German consumers/visitors. We also wish Niki a very speedy recovery and look forward to welcoming him back as soon as possible.”





Recommended

flydubai invites Emirati applicants for new Flight Dispatcher Programme

flydubai announced that applications are now open for its newly launched Flight Dispatcher Programme for Emirati talent. Following the MoU signed earlier this year with Emirates Aviation University, t...

ExecuJet MRO Services Malaysia strengthens aviation talent pipeline through structured apprenticeship programme

ExecuJet MRO Services Malaysia announced new apprenticeship programme, aimed at developing the next generation of aircraft maintenance professionals, has produced its first batch of qualifie...

Airmedic expands its international reach and unveils a new medical cabin for its Bombardier Learjet 45XR fleet

Airmedic unveiled a new medical cabin purpose-built for its Bombardier Learjet 45XR aircraft. Already in service aboard the first aircraft, this permanent clinical environment supports patient tr...

AZAL adds fourth modern Airbus A320neo to its fleet

Azerbaijan Airlines expanded its fleet with another state-of-the-art Airbus A320neo aircraft. The introduction of the new aircraft is aimed at providing passengers with more comfortable and moder...

Android Apps development in Riga, Latvia