IAG thwarted as Niki returns to founder Lauda’s ownership
Despite the best efforts of British Airways’ owner, IAG, the purchase of Niki, the low-cost subsidiary of now defunct Air Berlin, has been secured by the airline’s founder, former F1 World Champion, Niki Lauda. Several weeks ago, IAG had been announced as the successful bidder for the bankrupt Austrian airline, though at the time, insolvency […]
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