Air Berlin Completes Increase In Niki Stake

Air Berlin raised its stake in Austrian low-fare airline Niki to 49.9% earlier this week, implementing a deal that was closed in February. The airline is paying €21 million ($26.3 million) for the new 25.9% stake it is adding to its previous 24% share. The agreement includes an option under which...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.