pauldb

IAG did bid for Niki during the AB carve up, but LH’s wider bid was preferred. It’s not impossible that LH will reshape Niki and then sell the bits it doesn’t want, but I would guess the press are reporting old news rather than new developments.

EDIT: Apologies - it does look like new news. LH are supposedly trying to strong arm the EU to reduce the competition concessions they have to make by suggesting the alternative is that they’ll let Niki go bust. But IAG are lobbying behind the scenes to suggest they maybe an alternative: an alternative buyer of Niki. Could be a useful set of circumstances for IAG, or they could just be trying to weaken LH’s position.