Lufthansa acquisition of Niki collapses after EC blocks deal
Air Berlin subsidiary Niki is closing its flight operations, after the take-over by Lufthansa has failed. Niki has filed for insolvency and as of December 14, flights will no longer take off. The European Commission has refused to authorize the airlines’ acquisition by Germany’s largest carrier, Lufthansa. Despite offering to give up a number of […]
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