Finally Niki goes back to Niki Lauda
Jan 22, 2018, 11:55 pm
#1
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Finally Niki goes back to Niki Lauda
The austrian insolvency court has ruled. Lauda is told to already have reached an agreement to get back 15 of Nikis 21 planes currently in posession of Lufthansa.
Jan 23, 2018, 1:36 am
#2
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Originally Posted by Reuters
Lauda beats IAG in battle to buy airline Niki
VIENNA (Reuters) - Former Formula One champion Niki Lauda has beaten out British Airways owner IAG and others to make the winning takeover bid for Niki, the airline he founded, Niki’s administrators said on Tuesday.
Lauda’s successful bid scuppers a previously agreed sale of Niki to IAG, which was thrown into doubt this month after two courts ruled that the insolvency proceedings had to move to Austria from Germany.
That paved the way for other interested parties, such as Ryanair and Lauda, to bid for the carrier, which most recently was part of failed airline Air Berlin. Niki’s creditors met on Monday to pick the best bid, and their meeting ran into Tuesday.
“In the early hours of this morning Laudamotion GmbH emerged from a transparent bidding process as the best bidder,” Niki’s Austrian and German administrators, Ulla Reisch and Lucas Floether, said in a brief joint statement, referring to a company controlled by Lauda.
VIENNA (Reuters) - Former Formula One champion Niki Lauda has beaten out British Airways owner IAG and others to make the winning takeover bid for Niki, the airline he founded, Niki’s administrators said on Tuesday.
Lauda’s successful bid scuppers a previously agreed sale of Niki to IAG, which was thrown into doubt this month after two courts ruled that the insolvency proceedings had to move to Austria from Germany.
That paved the way for other interested parties, such as Ryanair and Lauda, to bid for the carrier, which most recently was part of failed airline Air Berlin. Niki’s creditors met on Monday to pick the best bid, and their meeting ran into Tuesday.
“In the early hours of this morning Laudamotion GmbH emerged from a transparent bidding process as the best bidder,” Niki’s Austrian and German administrators, Ulla Reisch and Lucas Floether, said in a brief joint statement, referring to a company controlled by Lauda.
Jan 23, 2018, 9:43 am
#3
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Unbelievable. What the heck’s going to happen now? While I would love an airline like NIKI to come back to life, I just don’t see it happening in this economic climate.
Jan 23, 2018, 11:09 am
#4
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The way LH, Thomas Cook, Easyjet, Ryanair, Vueling and IHG have bid for Niki I guess it is safe to expect that Niki has been profitable most of the time and has great potential. With the founder Niki Lauda as CEO and chief pilot they get lots of goodwill, free marketing and industry contacts. I wouldn't be surprised if Niki 2.0 would be profitable from day one.
Jan 24, 2018, 8:21 am
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The way LH, Thomas Cook, Easyjet, Ryanair, Vueling and IHG have bid for Niki I guess it is safe to expect that Niki has been profitable most of the time and has great potential. With the founder Niki Lauda as CEO and chief pilot they get lots of goodwill, free marketing and industry contacts. I wouldn't be surprised if Niki 2.0 would be profitable from day one.
Lauda Airlines did not flourish under Niki Lauda with all his rich friends, free publicity and high quality service. Maybe Niki Lauda’s presence in a low cost carrier will yield better results?
Jan 24, 2018, 11:57 am
#6
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I guess we have to wait and see.
airliners.de is reporting that the name is to be changed. New name not yet known.
airliners.de is reporting that the name is to be changed. New name not yet known.
Jan 24, 2018, 1:27 pm
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Mar 12, 2018, 3:20 am
#9
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LaudaMotion is slowly taking shape, 11 A32S aircraft, five of which will operate for TC, 3 will fly wetlease for EW.
Lauda Motion fliegt auch mit ehemaligen Eurowings-Maschinen - airliners.de
Lauda Motion fliegt auch mit ehemaligen Eurowings-Maschinen - airliners.de
Mar 12, 2018, 5:09 am
#10
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Now, that's funny. You must not know Lauda that well. What rich friends or friends in general do you refer to?
Mar 20, 2018, 9:33 am
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Mar 21, 2018, 2:04 am
#12
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Bizarre indeed. Can't see the big picture yet.
They're offering flights on their website already www.laudamotion.com , e.g. DUS-Ibiza from May 1st on, oneway starting from 59,- (I've only seen availability starting from 109,- upwards). German airports listed are HAJ, DUS, CGN, FRA, STR. Destinations are Greece, Spain, Cyprus, Italy. Sales engine is mentioned to be Condor's.
Interesting grouping of airline assets...
They're offering flights on their website already www.laudamotion.com , e.g. DUS-Ibiza from May 1st on, oneway starting from 59,- (I've only seen availability starting from 109,- upwards). German airports listed are HAJ, DUS, CGN, FRA, STR. Destinations are Greece, Spain, Cyprus, Italy. Sales engine is mentioned to be Condor's.
Interesting grouping of airline assets...
Mar 24, 2018, 11:50 pm
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