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Saturday, December 30, 2017

BA owner IAG to buy insolvent Austrian holiday airline Niki

  Mian Adeel Soomro       Saturday, December 30, 2017
FRANKFURT (Reuters) - British Airways' owner IAG said on Friday it would buy Niki, Air Berlin's insolvent Austrian holiday airline, for 20 million euros ($24.01 million) and provide additional liquidity to the company of up to 16.5 million euros.


from Reuters: Business News http://ift.tt/2lkdTKS
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Thanks for reading BA owner IAG to buy insolvent Austrian holiday airline Niki

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