The well-known Formula 1 champion and aviation entrepreneur passed away on May 20 at the age of 70.

Lauda has altered its name from Laudamotion and announced a second route to Gothenburg – and many more flights from Vienna.

An engine on an A320 accelerating on the runway suddenly failed, prompting the pilots to slam on the brakes.

Lufthansa Group’s Austrian has upped the stakes on Vienna-Copenhagen as Laudamotion and Level try to muscle in.

Laudamotion says it is in talks with “more than 50 airports”, as Ryanair expands its shareholding to 100%.

The problems affecting Ryanair are indicative of the dangers facing all airlines in Europe – particularly low-cost carriers.

The recently rebooted Austrian LCC, which is 75% owned by Ryanair, has already launched Vienna and Stuttgart to CPH.

The 12-hour shutdown means that bookings, changes and online check-in will not be possible.

In addition to a route already announced to Vienna, the Ryanair-backed carrier will soon compete with SAS on a German route.

Niki Lauda’s revamped Austrian carrier plans to fly non-stop between Stuttgart and Gothenburg.

The Austrian low-cost carrier will acquire additional Airbus planes as Ryanair buys a 75% stake in the company.

The Austrian based Laudamotion and 25 percent owned by Ryanair is arguing with German giant Lufthansa over aircrafts not delivered after Air Berlin bankruptcy.

In addition, the low-cost giant says it is willing to raise its investment in the former Niki to €120 million.

Ryanair looks to increase its presence in Germany and Austria as it puts forward a plan to buy 75% of Laudamotion.