After two false starts, holiday airline Niki has finally been bought - by the carrier's original founder and Formula One legend Niki Lauda.
Legendary Formula One driver Niki Lauda has undergone lung transplant surgery in his hometown, Vienna. The Austrian has had various health issues since his infamous crash at the Nürburgring in 1976.
Doctors are optimistic about Formula One legend Niki Lauda's recovery following an emergency six-hour lung transplant. A more comprehensive update will be released at a later date.
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.
International Airlines Group has agreed a €36.5 million deal to acquire the Austrian budget airline. Started by Formula One's Niki Lauda, the carrier went bust this month after a deal with Lufthansa fell through.
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