© Reuters. IAG ACQUIRED THE CHARTER COMPANY AUSTRIAN NIKI
FRANKFURT (Reuters) – IAG, the parent company of British Airways, Iberia and Vueling, on Friday announced the redemption of Niki, the charter company of the austrian subsidiary of the carrier in the bankruptcy of Air Berlin.
In a statement, IAG said that she takes Niki to 20 million euros and undertakes to pay to the company up to 16.5 million euro of additional liquidity.
The assignment of Niki brand the epilogue to the liquidation of Air Berlin, germany’s second largest airline which ceased operations in October.
(Tom Sims, Véronique Tison for the French service)
