For weeks, Air Berlin’s bankruptcy has been a hot topic of discussion. Who will buy the airline and under what conditions? They're said to be in over a billion euros of debt. Bids to buy the company have to be in by Friday.
Austrian carrier Niki has been sold back to its founder, ex-Formula One champion Niki Lauda. He had signaled for months that he would be interested in once again owning the former subsidiary of insolvent Air Berlin.
Talks on the sale of Air Berlin are being held 'day and night,' the CEO of the insolvent German airline has said, as the number of 'serious' bidders was down to three, not counting the offer of a 'free-rider.'
The German airline has faced its moment of truth as a fierce bidding war has basically closed. Wildcat strikes by pilots had complicated talks on the break-up of the carrier that filed for bankcruptcy protection.
Austrian airline Niki has filed for bankruptcy protection after German carrier Lufthansa withdrew its takeover bid for the former Air Berlin subsidiary. Now passengers are stranded across Europe.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version