October 23, 2019 / 10:11 AM / a month ago

Ryanair's Lauda unit sticks to break-even target: CFO

VIENNA (Reuters) - Ryanair’s (RYA.I) Austrian unit Laudamotion will reach its goal of breaking even within three years, its chief financial officer, Andreas Fritthum, said on Wednesday.

Laudamotion also aims for 10 million passengers in the 2020/2021 fiscal year, Fritthum said at a news conference in Vienna.

Reporting by Kirsti Knolle; writing by Thomas Seythal; editing by Tassilo Hummel

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