Veteran Formula 1 driver and aviation pioneer Niki Lauda is set to return to the airline industry following his acquisition of Amira Air (Vienna) late last year.
Lauda told Die Presse newspaper that he had acquired the Austrian VIP/business charter operator from former owner Ronny Pecik but did not disclose either the terms or the value of the deal.
Founded in 2004, Amira Air currently operates a fleet of fourteen executive jets including one Citation Jet CJ2, nine Challenger 300s, and four Bombardier Global Express 5000/6000 aircraft.
Lauda's first venture into the airline business - Lauda Air (NG, Vienna) - launched in 1985 offering scheduled regional European flights before expanding into the longhaul sector in the 1990s. In 2000, Lauda sold the airline to rival Austrian Airlines (OS, Vienna) which absorbed its flight operations in 2005. In 2012, Lauda Air's AOC was returned.
Lauda went on to set up Niki (HG, Vienna) after he bought a 51% majority in Austrian unit of Germany's grounded charter airline Aero Lloyd (YP, Frankfurt Int'l) in 2003. Lauda eventually resigned from Niki's board in 2013 to return to Formula 1 after selling the carrier to Air Berlin (AB, Berlin Tegel).
Summer high season in Spain is always a defining period for general aviation sector, and this year is no exception. With the first two months already behind us, preliminary results are offering a clea...
Eve Air Mobility completed its first partial transition flight, marking an important milestone in the development and testing of the company' eVTOL aircraft. The flight involved the acti...
Bell Textron announced the Aichi Prefectural Police have officially commenced aerial policing operations utilizing the Bell 505, marking a landmark moment for aviation in the Asia-Pacific region. A ce...
Avelo Airlines reached a major milestone, flying its 10 millionth Customer just five years after redefining affordable air travel in as America's most convenient airline. Since launching on April...