Lufthansa announces Laudamotion after Ryanair's planned entry



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Lufthansa puts pressure on Laudamotion: The German airline has terminated the contracts of nine aircraft that it is currently leasing to the Austrians. This corresponds to almost half of the fleet of the company Niki Lauda, ​​who had succeeded in the spring to the former subsidiary of Air Berlin, Niki. Laudamotion was their payment obligations "again not met as agreed," said Lufthansa.

The measure comes just a day after the European Commission has agreed that the biggest European airline Ryanair can take three quarters of the shares of Laudamotion

The judicial hearing should cancel the leasing [19659005AfterthebankruptciesofAirBerlinandNikiNikiwhichwasfoundedbyhimtookoverandwasrelaunchedunderthenameLaudamotioninMarchAlittlelaterhebroughtRyanairasthenewshareholderoftheboatAsaresultLufthansa'sEurowingssubsidiaryhasbrokenoffcooperationwithLaudamotion

According to Lufthansa, Lufthansa can use the machines of its brand Eurowings cheap. However, the termination of the contracts with Laudamotion has not started yet. It's already a date of hearing, said a spokesman. At Laudamotion, no initial opinion was received

Ryanair accuses Lufthansa of "destabilizing"

Ryanair accused Lufthansa of Thursday of having delayed the payment of 1.5 million euros to LaudaMotion. The cancellation of leases for nine aircraft called the Irish airline another attempt by Lufthansa, Laudamotion to "destabilize and harm". The Germans would not have made available all the promised aircraft. Lufthansa rejected the allegations. The allegations were devoid of any basis, the airline said.

Lufthansa had, after the bankruptcy of Air Berlin, first Niki wants to take over. As the Austrian planes were rented, Lufthansa bought the machines and rented them to Niki.

However, the company's recovery failed because of the EU's guardians of competition, and Lufthansa had to leave the machines already purchased from the buyer Niki Laudamotion. She offered Laudamotion all the machines badigned to sell, writes Lufthansa. Laudamotion had preferred a lease.

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