IAG, the Anglo-Spanish multinational airline holding company (British Airways/Iberia/Aer Lingus/Vueling/Level) is in pole-position to acquire Niki, the airline founded by three-time Formula 1 champion Niki Lauda, in 2003. But was forced to cease operations mid-December.
After the European Commission disallowed the take-over by Lufthansa, IAG has now been granted exclusivity in the race to acquire Niki. Most likely Niki will be merged into Vueling.
This post was published on 29 December 2017 11:37
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