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3 SEPTEMBER 2018

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Article from BTNews 3 SEPTEMBER 2018

Lauda Ryanair celebration

Increased captain and first officer wage rates being paid by Laudamotion were published by the Austrian carrier last week as it celebrated the completion of Ryanair’s purchase of a 75% shareholding in the company from founder Niki Lauda.

The airline also said it would double its Airbus fleet from nine to 18 next summer and announced a series of initiatives to support its continued growth, including a new livery (see below) which reflects its Austrian heritage and new Vienna offices.

The new pay rates give a captain a basic starting pay of €90,000 a year, which Laudamotion pointed out was higher than Wizz Air’s €56,000, Level’s €72,000 and Eurowing's €78,000, rising to €180,000 including flight pay and allowances.

First officers can expect to earn a starting basic salary of €46,000, also higher than offered by the three rival airlines, rising to €70,0000 including flight pay. Laudamotion said it was also rolling out a stable winter roster of five days on, three days off.

CEO Andreas Gruber said: “Laudamotion now faces the future with great confidence, backed by the enormous financial strength of Ryanair, our new majority shareholder, having already achieved 90%-plus load factors in its first summer season.”

www.laudamotion.com

www.ryanair.com/gb/en

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