Laudamotion registering EUR1m loss daily in Vienna: Ryanair CEO

    Ryanair CEO Michael O’Leary said Laudamotion is currently registering around a EUR1 million loss daily at Vienna International Airport (austrianaviaiton.net/ATW Online, 23-Oct-2019). Mr O’Leary also said the LCC is expected to register a loss of EUR70 million to EUR75 million in 2020, down from a previously forecast loss of EUR50 million. He noted this is expected to improve in the coming 12 months through “slightly higher” average prices and will contribute towards profitability in 2021.