LONDON – Irish Low-Cost carrier Ryanair has announced today that it will now acquire a 100 per cent stake in Laudamotion as part of the carriers plans to expand in Europe.
The Chief Executive of Ryanair Micheal O’Leary expressed the intention in a press conference this week.
“You’ll see in the next couple of years, I’d like to see Ryanair evolve as kind of a group of different airlines. We will have Ryanair based out of Ireland, you’ll have Laudamotion based out of Austria, you’ll have Ryanair Sun … in Poland,”
Mr O’Leary said that Ryanair could aquire one of two smaller airlines over the coming year, however, it will be “nothing big”.
He said that the airline would look to continue to expand with airlines that come at the right time and price, in this instace Laudamotion.
He added: “That will I think, allow us in the next number of years to maybe add one or two other airlines. Now, nothing big but if there were some small-scale opportunities that popped up like the Laudamotion opportunity then we could do it,”
The news today now means that Ryanair has two separate bases and airlines under separate names in Europe, with Ryanair Sun operating in Poland and Laudamotion operating in Austria.
In addition to the news of today’s acquisition of Laudamotion, Ryanair has also announced new routes for their summer 2019 destinations from Manchester.
The carrier confirmed a new route from Manchester to Poitiers, with the service being operated twice weekly starting from June.
Ryanair’s Robin Kiely said: “Ryanair is pleased to announce a new Manchester route to Poitiers, commencing in June, which will operate twice weekly, as part of our extended Manchester summer 2019 schedule.”
This announcement now means that Ryanair
Stephen Turner, Commercial Director at Manchester Airport, said: “It’s great to see Ryanair continuing to add new routes from Manchester for Summer. Poitiers is another French destination for the airport opening up a fantastic region for the 22 million people in our catchment area to explore.”
Despite BREXIT woes still concerning many, it is clear that Ryanair still see the potentional and need of multiple daily and weekly flights out of the UK to European destinations.
With multiple European airlines following the same style and opening more and more routes and services in the UK, it only further deepens peoples worries and uncertainty on BREXIT and how it will affect the UK travel industry.