Tag Archives: Niki

Airline founder and Formula One champion Niki Lauda, passes away at 70

Andreas Nikolaus “Niki” Lauda (February 22, 1949 – May 20, 2019) was an Austrian Formula One race car driver, a three-time F1 World Drivers’ Champion, winning in 1975, 1977 and 1984, and an aviation entrepreneur. Niki Lauda passed away at age 70.

In the aviation part of his life, Niki was involved with the following airlines:

Lauda Air (1985 – 2013)

Niki (2003 – 2017)

Laudamotion (Lauda) (2018 – current)

Read more from the BBC: CLICK HERE

Ryanair issued this salute:

Niki Lauda will remain in our heart and our memory as a visionary leader, a legend of Formula 1 and an aviation pioneer. Niki was an exceptional entrepreneur whose courage and fighting spirit inspired millions. While we are devastated at his untimely passing, his spirit and vision will live on in Laudamotion, which proudly carries his name and his entrepreneurial spirit. It’s a sad day for Formula 1 and Laudamotion. Niki’s spirit and his legacy will live on forever. Niki and his family are all in our thoughts and prayers today. May he rest in peace.

Top Photo: Waerfelu.

Video:

Niki Lauda to buy back his old airline, IAG bid rejected

Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEE (msn 2749) ZRH (Rolf Wallner). Image: 934288.

Niki Lauda will again own Niki. Reuters is reporting the creditors of Niki have selected former Formula One world champion Niki Lauda’s bid to acquire the defunct carrier after it rejected the bid from IAG, the owner of British Airways, Iberia and Vueling.

Niki Lauda stated he has secured 15 aircraft and will restart operations by the end of March.

Read the full report: CLICK HERE

With this restart and return to leadership under Niki Lauda, a new brand is very likely. Both the Airberlin and the pictured “fly” livery are now part of the past which failed in bankruptcy. A new livery is probably coming for the the restart.

Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEE (msn 2749) ZRH (Rolf Wallner). Image: 934288.

Niki aircraft slide show:

IAG confirms the acquisition of Niki, will be rebranded

Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LET (msn 3830) TFS (Paul Bannwarth). Image: 926835.

International Airlines Group (IAG) has announced formally it will buy the assets of the Austrian airline Niki, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to Niki of up to €16.5 million.

The transaction is being made by a newly formed subsidiary of Vueling which will be incorporated as an Austrian company and run initially as a separate operation. It is subject to customary closing conditions such as the EC competition approval.

The assets include up to 15 Airbus A320 family aircraft and an attractive slot portfolio at various airports including Vienna, Dusseldorf, Munich, Palma and Zurich.

The new company plans to employ approximately 740 former NIKI employees to run the operation.

Willie Walsh, IAG chief executive, said: “Niki was the most financially viable part of Air Berlin and its focus on leisure travel means it’s a great fit with Vueling. This deal will enable Vueling to increase its presence in Austria, Germany and Switzerland and provide the region’s consumers with more choice of low cost air travel”.

More details about the new subsidiary’s branding and route network will be provided in due course, when appropriate.

Copyright Photo: The Niki brand will be retired. Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LET (msn 3830) TFS (Paul Bannwarth). Image: 926835.

Niki aircraft slide show:

IAG to acquire Niki, will be put under Vueling

Transferred to Airberlin on January 12, 2017

International Airlines Group – IAG (London) has announced it will acquire insolvent Niki (Vienna) for €36.5 million ($43.8 Million). IAG became the lone bidder after the Lufthansa Group pulled out of the bidding. The IAG also out bid Niki Lauda who was bidding to take back his former airline. The IAG will pay €20 million ($24 million) for Niki’s assets and provide liquidity of up to €16.5 million to Niki.

The new Niki will become a subsidiary of Vueling and the IAG will employ most of the former Niki employees (around 740). Vueling will now be able to grow its presence in Austria, Germany and Switzerland.

Niki is now likely to adopt the Vueling brand.

Copyright Photo: Niki Luftfahrt (flyNiki.com) (Airberlin) Airbus A320-214 D-ABHF (OE-LEE) (msn 2749) PMI (Javier Rodriguez). Image: 937271.

Niki:

IAG is the last remaining bidder for Niki

Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEU (msn 2902) (Airberlin colors) ZRH (Rolf Wallner). Image: 929150.

The International Airlines Group-IAG is the last remaining bidder for insolvent airline Niki (Vienna) according to Reuters. Niki was part of the Airberlin Group.

Copyright Photo: Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEU (msn 2902) (Airberlin colors) ZRH (Rolf Wallner). Image: 929150.

Niki aircraft slide show:

Niki ends all operations after Lufthansa drops its bid

Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEX (msn 2867) ZRH (Andi Hiltl). Image: 911443.

Niki (Niki Luftfahrt GmbH) (Vienna) ended all operations late on December 13, 2017 and filed for insolvency (bankruptcy).

The drastic move was triggered when Lufthansa announced it would drop all plans to take over the ailing former Airberlin-owned Austrian carrier.

The last Niki flight was flight HG2601 from Tenerife Sur (TFS) to Vienna operated with the former Belair Airbus A320-214 HB-IOP (msn 4187) now registered as OE-LOG and operated by Niki.

The airline issued this short statement:

Dear guests,

The flight operations of Niki Luftfahrt GmbH under IATA-Airline-Code HG will cease as of December 14, 2017.

Passengers who have booked their flight with a tour operator are kindly asked to contact their tour operator directly. The tour operator is responsible to accommodate his passengers.

Copyright Photo: Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEX (msn 2867) ZRH (Andi Hiltl). Image: 911443.

Video: The airline was originally started by Niki Lauda:

Lufthansa makes further concessions to EU Commission, will no longer pursue Niki

Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LES (msn 3504) ZRH (Paul Bannwarth). Image: 934292.

Lufthansa has made further concessions on December 13, 2017 in the course of the intended acquisition of parts of the Air Berlin Group. The transaction is currently being examined by the EU Commission as the responsible merger control authority. In the so-called Phase One assessment, Lufthansa had already offered extensive commitments in particular by giving up slots. However, the Commission considers this to be insufficient and has clearly indicated that an acquisition of Niki and its integration into the Eurowings Group would currently not be approved. Based on this assessment, a takeover of Niki by Eurowings is no longer being pursued. 

Lufthansa has informed both Air Berlin and its administrator that it intends to close the transaction excluding the acquisition of Niki.

With regard to the still intended takeover of Luftfahrtgesellschaft Walter (LGW), Lufthansa would give up numerous slots in order to obtain merger clearance in Phase One. The revised commitments will be submitted to the EU Commission today.

The Lufthansa Group maintains its plan of expanding its point-to-point business increasingly through organic growth of the Eurowings Group.

A share of the agreed purchase price for Niki has already been transferred to the company as bridge financing. The unpaid purchase price components will now be used for the organic capacity expansion in Niki’s markets. Economically, this leads to a comparable result for the Lufthansa Group.

Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LES (msn 3504) ZRH (Paul Bannwarth). Image: 934292.

Eurowings to retire the Niki brand

Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LES (msn 3504) ZRH (Paul Bannwarth). Image: 934292.

Lufthansa Group is planning to retire the Niki brand. Previously on October 13, 2017 Deutsche Lufthansa AG and the Air Berlin Group announced they had signed a contract regarding the purchase of NIKI Luftfahrt GmbH (Niki) and Luftfahrtgesellschaft Walter mbH (LGW).

These two carriers are projected to increase the capacity of the operational fleet at Eurowings as follows:

LGW with 870 employees, as well as 17 Bombardier Dash 8 Q400 and 13 Airbus A320 aircraft

Niki with 830 employees, as well as 20 Airbus A320 type aircraft.

According to Reuters, “Lufthansa plans to scrap the brand name of Austrian airline Niki as it integrates the carrier into its Eurowings budget business, a board member said on October 24, 2017”.

Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A321-211 OE-LES (msn 3504) ZRH (Paul Bannwarth). Image: 934292.

Airberlin sells Niki and LGW to Lufthansa

Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEX (msn 2867) ZRH (Rolf Wallner). Image: 922611.

Airberlin issued this statement on October 12, 2017:

Air Berlin PLC and Air Berlin PLC & Co. Luftverkehrs KG have reached an understanding with Deutsche Lufthansa AG on October 12, 2017 that entities of the Deutsche Lufthansa group will acquire certain business units from entities of the Air Berlin group, including in particular NIKI Luftfahrt GmbH as well as Luftfahrtgesellschaft Walter mbH (LGW). The combined purchase price of approximately EUR 210 million will be subject to adjustments upon closing of the transaction.

The transaction is, amongst others, subject to regulatory approvals.

The negotiations with easyJet Airline Company Limited and other bidders, in each case in respect of different units of the Air Berlin group, are still continuing.

Lufthansa issued this statement:

After intense negotiations over the past few weeks, Deutsche Lufthansa AG and the Air Berlin Group have signed a contract on October 13, 2017 regarding the purchase of NIKI Luftfahrt GmbH (NIKI) and Luftfahrtgesellschaft Walter mbH (LGW).

These two carriers are projected to increase the capacity of the operational fleet at Eurowings as follows:

LGW with 870 employees, as well as 17 Bombardier Dash 8 Q400 and 13 Airbus A320 aircraft
NIKI with 830 employees, as well as 20 Airbus A320 type aircraft

This means that the wet-lease operation that is currently still provided for Eurowings by Air Berlin Group will be taken over by Eurowings’ own operational fleet. Eurowings also plans to acquire additional aircraft on the market and hire 1,300 more employees.

Eurowings remains the fastest-growing airline in Europe

“Our strategic modernization initiatives have paid off. We have regained the capacity to invest and grow, in order to play an active role in the consolidation of the European airline market with Eurowings. As the fastest-growing airline in Europe, Eurowings can now expand the range of services it offers customers,” says Carsten Spohr, Chairman of the Board of Directors at Deutsche Lufthansa AG.

Eurowings expands its market position in Germany and Europe

The fleet marketed by Eurowings (program fleet) is projected to grow from 160 to 210 aircraft with the finalization of the transaction and purchase of additional aircraft, with 189 short- and medium-haul aircraft and 21 long-haul aircraft, making Eurowings the third-largest in European point-to-point traffic. The number of flight operations will grow to a total of eight, including the aircraft operated by TUIfly and Sun Express on a wet-lease basis. With its platform concept, Eurowings is oriented towards the integration of flight operations and is predestined to actively advance the consolidation of the European aviation market.

At the same time, the number of employees is expected to grow from currently around 7,000 to roughly 10,000. Eurowings has approximately 50 new short-haul and medium-haul connections planned for the summer of 2018 and – not related to the transaction with Air Berlin – additional long-haul connections in North Rhine-Westphalia, Berlin and Munich. The airline will be growing particularly strongly at these locations. Eurowings is anticipating a total of 80,000 additional flights and 12 million additional passengers per year. This would increase the point-to-point traffic sales volume of the Lufthansa Group by up to 40 percent. Eurowings is expanding its competitive position in the German and European market with this. It will be able to produce at competitive costs with the acquired capacity and generate positive profit contributions as soon as the integration is complete.

The finalization of the transaction is subject to approval by the relevant committees and the competition authorities. Lufthansa expects the transaction to be finalized by the end of the year.

Top Copyright Photo: Niki-The Spirit of Niki (flyniki.com) Airbus A320-214 OE-LEX (msn 2867) ZRH (Rolf Wallner). Image: 922611.

Bottom Copyright Photo: Airberlin (airberlin.com) (LGW) Bombardier DHC-8-402 (Q400) D-ABQI (msn 4264) ZRH (Andi Hiltl). Image: 907142.

Airberlin (airberlin.com) (LGW) Bombardier DHC-8-402 (Q400) D-ABQI (msn 4264) ZRH (Andi Hiltl). Image: 907142.

TUI and Niki move one step closer to a joint venture based in Vienna

TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI AG‘s Supervisory Board has given the green light on November 23, 2016 for further steps with the goal to create a new European airline joint venture with Etihad Aviation Group. TUI Group’s supervisory body approved the plan to contribute its German leisure airline subsidiary TUI fly GmbH (TUIfly-TUI Airlines Germany) to a joint venture with Etihad. Etihad is in negotiations with Airberlin to acquire its touristic operations primarily in Southern Europe and North Africa, and including Airberlin’s participation in Niki, with the objective to contribute it to the joint venture.

The new airline joint venture, headquartered in Vienna, is planned to serve a broad route network with its two airlines, TUI fly and Niki, a total fleet of around 60 aircraft and a seat capacity of 15 million seats per year, operating from key departure airports in Germany, Austria and Switzerland.

TUI AG is to hold a stake of 24.8% in the joint venture, with Etihad holding 25% of the interests. The remaining 50.2% would be held by the existing private foundation Niki Privatstiftung.

The commitments made to the TUI fly employees remain in place and are currently being further negotiated and specified. This includes the commitments to the Hanover location.

The contractual negotiations between all involved stakeholders are expected to be finalized in the next few weeks. Details regarding the future joint venture will be jointly presented by Etihad and TUI after successful completion of the negotiations.

The planned joint venture is subject to approval by the relevant antitrust and aviation authorities.

In the summer of 2007, Hapag-Lloyd Express (HLX) and Hapagfly merged to form TUIfly. The airline is a wholly-owned enterprise of the TUI Group, the world’s leading tourism troup with headquarters in Hanover, Germany. TUIfly flies to the classic holiday regions all around the Mediterranean, the Canary and Cape Verde Islands, Madeira and Egypt for TUI and other tour operators. By the summer of 2014, TUIfly used 40 Boeing 737 aircraft to fly to these destinations. TUIfly headquarters are at the Hanover Airport.

Top Copyright Photo: TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI:

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Niki:

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Bottom Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

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