EU commission approves Ryanair’s 75% stake in Laudamotion
The EU commission has approved Ryanair taking a 75% stake in Austrian airline, Laudamotion. Laudamotion is owned by former Formula 1 driver Niki Lauda and took control of Niki when Air Berlin collapsed last year. Ryanair almost immediately took a stake 24% in the airline in a deal worth €50m, [read more]