Originally Posted by
flatlander
IAG can wait a couple of years and when Niki is on the rocks again, make another bid.
I don't see a bright future of high profits and expansion for Niki, and another leisure downturn or chronic competitive pressure could see them up for sale again.
From Reuters:
“We cannot help but feel a bit dismayed that while the creditors’ committee’s decision may be the most advantageous for them, they are doing the airline itself a disservice,” said Berenberg analysts in a note to clients.