• Home
  • About
    • Where has GhettoIFE gone?
    • For PR’s and Agencies (Changes and Corrections)
    • Generative Tools and Usage
    • Privacy Policy
  • Snapshots
  • Trip Reports
  • Travel Plus…
    • … Technology
    • … Photography

Economy Class & Beyond

You are here: Home / News / IAG left as last bidder standing for Niki

IAG left as last bidder standing for Niki

29/12/2017 by Kevincm

It seems the sell off of Niki is down to one candidate – with International Airlines Group being the sole party left.

Niki Airbus A320 (old colours, Shot 2012), Image - Economy Class and Beyond
Niki Airbus A320 (old colours, Shot 2012), Image – Economy Class and Beyond

According to Reuters, Niki – the insolvent unit of Air Berlin is now exclusive talks over the fate of the airline.

Bild states the bid is worth around €40million. There’s a race at the moment to sell the airline. Whilst it doesn’t have any aircraft (as these have been returned to lessors and been redeployed), Niki still holds onto valuable landing slots at airports in Europe that could be exploited.

And that currently is the value of the airline – the slots it holds.

International Airlines Group owns British Airways, Aer Lingus, Iberia, LEVEL, and Vueling in a passenger operating environment.

If IAG succeeds where Lufthansa failed, in taking over the remains of the airline – it would be logical to assume that Vueling would step into its place to provide lift and capacity to fill those slots.

The big question would be if Vueling operate the same network, or if it had something different planned for the area.

 


Welcome to Economy Class and Beyond – Your no-nonsense guide to network news, honest reviews, with in-depth coverage, unique research as well as the humour and madness as I only know how to deliver.

Follow me on Twitter at @EconomyBeyond for the latest updates! You can also follow me on Instagram too!

Also remember that as well as being part of BoardingArea, we’re also part of BoardingArea.eu, delivering frequent flyer news, miles and points to European Frequent Flyer.

Related

Filed Under: News

  • Bluesky
  • Email
  • Instagram
  • Mastodon
  • RSS
  • Threads

Recent Posts

  • Qatar Airways bumps up its Doha-Dublin operation to 17 flights a week
  • Emirates to launch a third daily service to Mauritius
  • European Union sets the date for its Entry/Exit System to start, whilst jacking up ETIAS costs
  • UK Goverment reclaims the Essex Thameside Franchise – c2c returns to public control
  • Airplane Art – Virgin Atlantic Airbus A350-1000 arriving at London Heathrow Airport

Email Newsletter

Sign up to receive email updates daily and to hear what's going on with us!

Privacy Policy
Copyright © Economy Class & Beyond All Rights Reserved.
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Economy Class & Beyond with appropriate and specific directions to the original content.