lauda says lufthansa wants to destroy niki airline
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Lauda says Lufthansa wants to 'destroy' Niki airline

Egypt Today, egypt today

Egypt Today, egypt today Lauda says Lufthansa wants to 'destroy' Niki airline

Austrian former racing driver Niki Lauda
Vienna - Egypt Today

Austrian former racing driver Niki Lauda on Sunday accused German carrier Lufthansa of trying to "destroy" the Niki airline which he founded.

Niki -- formerly a unit of now bankrupt Air Berlin, and most recently operated by Lufthansa -- was grounded last Wednesday after applying to open insolvency proceedings.

The move came after Lufthansa abandoned plans to buy Niki, a holiday airline with 21 aircraft, together with large parts of Air Berlin because of EU competition concerns.

Lauda, 68, a former Formula One champion, had said last week he was potentially interested in again acquiring the airline he sold to Air Berlin in 2011.

But he has now charged that Lufthansa was effectively blocking the sale of Niki because it "wants to destroy" it, in comments to Bild am Sonntag newspaper.

Under EU rules Lufthansa would have to hand the leased aircraft to a potential investor, but the report said it had bought up many of its aircraft.

"Without aircraft, the airline has no value," Lauda said.

"If there is no new investor, the take-off and landing slots are divided among the remaining airlines at the respective airports.

"That's how Lufthansa gets what it wants, and for free."

A Lufthansa spokesman denied the claim and told the newspaper the airline was in compliance with the rules.

Air Berlin triggered bankruptcy proceedings in August after losing a cash lifeline from its biggest shareholder, Etihad Airways, and was grounded in October.

The European Commission said Wednesday that Lufthansa's offer to buy 81 aircraft from Air Berlin's 140-plane fleet plus Niki for 210 million euros ($250 million) posed "clear risks to Austrian, German and Swiss consumers and to effective competition".

In Germany, complaints have multiplied that Lufthansa had hiked ticket prices since the demise of the country's second biggest airline.

There had been "a significant increase in complaints about ticket prices," the head of the consumer protection federation, Klaus Mueller, told national news agency DPA.

"We see that many people are paying a lot more than they used to," he said.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lauda says lufthansa wants to destroy niki airline lauda says lufthansa wants to destroy niki airline



GMT 10:00 2017 Wednesday ,10 May

Police carry out anti-ISIS raids across Germany

GMT 08:29 2017 Thursday ,04 May

Exhibition of AFP migrant

GMT 04:17 2013 Saturday ,12 October

Full executive powers in Syria… and in Lebanon

GMT 12:48 2012 Friday ,16 March

The 10 Best mother\'s day gifts

GMT 20:51 2017 Friday ,24 February

UNESCO Celebrates International Mother Language Day

GMT 13:01 2017 Monday ,27 February

UAE petrol and diesel prices for March to rise

GMT 07:45 2017 Thursday ,21 September

Saudi Arabia allows women into King Fahd stadium

GMT 18:44 2012 Thursday ,13 December

Ahly to face Monterrey

GMT 09:54 2017 Monday ,02 October

Mideast designers wow Paris

GMT 17:25 2011 Tuesday ,27 September

World stocks up on Europe debt hope

GMT 02:33 2014 Thursday ,06 November

Zagazig university sacked over Muslim Brotherhood-link

GMT 18:11 2015 Saturday ,27 June

EGP 200m to develop poor villages across Egypt

GMT 23:01 2015 Sunday ,27 September

Mohab Mameesh meets Egyptian expatriates in Geneva

GMT 14:30 2017 Saturday ,28 January

Yemen Could Face Famine in 2017

GMT 11:37 2017 Tuesday ,03 October

Oil outputs witnessed notable increase this month

GMT 09:05 2017 Tuesday ,31 October

AMATO by furne one closes

GMT 12:48 2017 Sunday ,05 November

Children pick up the basics of programming

GMT 09:50 2017 Sunday ,10 December

Rise up the ladder and give back to society

GMT 11:15 2017 Saturday ,02 September

US govt settles first travel ban lawsuit

GMT 18:01 2017 Monday ,06 November

Blockchain becoming the rage
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday