IAG to buy Niki

IAG to buy Niki

INTERNATIONAL Airlines Group, the parent company of British Airways and Iberia, has announced the acquisition of Austrian leisure carrier Niki for 20 million.

Niki was an offshoot of the now defunct Airberlin, which filed for insolvency late last year after major shareholder Etihad Airways withdrew its support.

The post IAG to buy Niki appeared first on Travel Daily.

Source: traveldaily