lufthansa wants to destroy niki airline
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Niki Lauda on Sunday

Lufthansa wants to 'destroy' Niki airline

Arab Today, arab today

Arab Today, arab today Lufthansa wants to 'destroy' Niki airline

Austrian former racing driver Niki Lauda
Berlin - Arab Today

Austrian former racing driver Niki Lauda on Sunday accused German carrier Lufthansa of trying to "destroy" the Niki airline which he founded.

Niki -- formerly a unit of now bankrupt Air Berlin, and most recently operated by Lufthansa -- was grounded last Wednesday after applying to open insolvency proceedings.
The move came after Lufthansa abandoned plans to buy Niki, a holiday airline with 21 aircraft, together with large parts of Air Berlin because of EU competition concerns.

Lauda, 68, a former Formula One champion, had said last week he was potentially interested in again acquiring the airline he sold to Air Berlin in 2011.

But he has now charged that Lufthansa was effectively blocking the sale of Niki because it "wants to destroy" it, in comments to Bild am Sonntag newspaper.

Under EU rules Lufthansa would have to hand the leased aircraft to a potential investor, but the report said it had bought up many of its aircraft.

"Without aircraft, the airline has no value," Lauda said.

"If there is no new investor, the take-off and landing slots are divided among the remaining airlines at the respective airports.

"That's how Lufthansa gets what it wants, and for free."

A Lufthansa spokesman denied the claim and told the newspaper the airline was in compliance with the rules.

Air Berlin triggered bankruptcy proceedings in August after losing a cash lifeline from its biggest shareholder, Etihad Airways, and was grounded in October.

The European Commission said Wednesday that Lufthansa's offer to buy 81 aircraft from Air Berlin's 140-plane fleet plus Niki for 210 million euros ($250 million) posed "clear risks to Austrian, German and Swiss consumers and to effective competition".

In Germany, complaints have multiplied that Lufthansa had hiked ticket prices since the demise of the country's second biggest airline.

There had been "a significant increase in complaints about ticket prices," the head of the consumer protection federation, Klaus Mueller, told national news agency DPA.

"We see that many people are paying a lot more than they used to," he said.

Source:AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lufthansa wants to destroy niki airline lufthansa wants to destroy niki airline

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lufthansa wants to destroy niki airline lufthansa wants to destroy niki airline

 



GMT 15:19 2017 Thursday ,21 September

UEFA call on European leaders to help regulate transfer

GMT 12:15 2017 Monday ,09 October

OIC calls for enhancing women’s presence in media

GMT 15:23 2017 Sunday ,24 September

Saudi Arabia to include low-cost Flyadeal

GMT 20:48 2017 Thursday ,21 September

Turkey jails 14 lawyers representing hunger strikers

GMT 13:33 2017 Monday ,06 March

Emirati student builds drones

GMT 08:55 2015 Friday ,30 October

Antarctic sanctuary moves closer with China support

GMT 16:34 2017 Thursday ,03 August

Italy moves to end migrant crisis with naval mission

GMT 17:40 2017 Wednesday ,11 October

NGOs slam UN aviation agency plan

GMT 19:17 2017 Monday ,17 April

Turkish referendum passes with thin margin

GMT 09:25 2018 Wednesday ,17 January

Iran supreme leader slams US over Trump 'shithole' slur

GMT 10:09 2016 Friday ,08 April

WADA gives Kenya May 2 anti-doping law deadline

GMT 15:27 2017 Thursday ,06 April

SCTH, Eye of Riyadh sign tourism agreement

GMT 05:10 2017 Monday ,04 September

Abu Dhabi Police seize 4.2 million pills in drug bust
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday