Lauda Europe Limited is a Maltese low-cost airline operating on behalf of its parent company Ryanair. The airline performs wet-lease flights for Ryanair and charter services.[5]
History
Lauda Europe is the successor of Austrian carrier Lauda. In 2020, Ryanair Holdings closed its Austrian unit in favor of Lauda Europe, a newly established Maltese subsidiary, and transferred Lauda's fleet of 29 Airbus A320 aircraft to the new airline. Lauda staff were offered new positions at Lauda Europe.[6] The airline received its AOC and formally took flight in September 2020.[7][8]
In May 2021, Ryanair Group CEO Michael O'Leary stated that Lauda may move to an all-Boeing 737 fleet. However, in July 2022, O'Leary announced that Ryanair would extend the Lauda Europe Airbus A320 leases until 2028.