Ryanair acquires majority stake in Laudamotion; goes on offensive versus Lufthansa and opens the door to Airbus operation
In a move that has been met by initial surprise across the industry, Ryanair Holdings has entered into a binding agreement with Mr Niki Lauda…..
Former Austrian Formula 1 driving champion Niki Lauda will reacquire the airline he founded – the former airberlin Austrian holiday subsidiary, NIKI. Following a reopening…..
It is now nearing three months since airberlin operated its last flight, but while most of its assets have now been absorbed by the Lufthansa…..
airberlin CEO Thomas Winkelmann commented on parties interested in acquiring parts of the carrier, stating all three potential investors are “reputable in terms of their finances,…..
Germany‘s Federal Minister of Transport and Digital Infrastructure Alexander Dobrindt stated it is “imperative” that Deutsche Lufthansa AG be “able to take over significant parts of airberlin” (Rheinische Post/focus.de/Reuters/AFP/Sueddeutsche Zeitung,…..
Leading European tour operator TUI Group says it “remains open” to a potential future partnership after discussions to merge its German aviation subsidiary with NIKI,…..