IAG to purchase Niki for $24M
IAG intends to purchase the Austrian airline Niki for €20 million ($24 million) as well as provide up to €16.5 million to provide liquidity, Reuters reported on December 29, 2017. Earlier in December 2017, Niki ceased its operations after German carrier Lufthansa scrapped the plans to buy it. The assets of the Austria-based leisure airline […]