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Air Berlin : Niki Lauda offers a recovery with Thomas Cook and Condor

The former formula 1 driver offers for the purchase of the subsidiary Niki, considered one of the healthiest in the group, Air Berlin.

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Air Berlin : Niki Lauda offers a recovery with Thomas Cook and Condor

former formula 1 driver offers for purchase of subsidiary Niki, considered one of healthiest in group Air Berlin.

battle for The skinning of Air Berlin continues. The former world champion austrian formula 1 Niki Lauda announced on Thursday, September 14, in that it offered about 100 million euros, with british Thomas Cook and Condor, to redeem company of tourist transport Niki. The subsidiary, which operates 21 aircraft, is regarded as one of assets more healthy of German group.

a former pilot, had founded company in 2003, before selling it to Air Berlin in 2011.

Second German company Air Berlin was dropped in June by its main shareholder, company, Gulf, Etihad, and declared insolvent August 15. She had announced that takeover offers should be submitted before 15 September.

She continues to ensure that its flights thanks to an emergency loan of 150 million euros granted by German government, but is facing since Tuesday, a wave of sickness absence filed by a party of its drivers. Hundreds of flights had to be canceled for two days, to point that minister of transport, German Alexander Dobrindt, demanded Wednesday that y stop ir " maneuver rar risky and counter-productive in a period of transition ".

Concern about competition

The situation will not be deterred Niki Lauda, who said to public radio O1 that offer included purchase of 17 of 140 aircraft of Air Berlin to strengn fleet of Condor. The airline Lufthansa had previously offered to return 90.

Sunday, German investor Hans Rudolf Wöhrl had announced 500 million euros for return Air Berlin, calling on or suitors, namely Lufthansa, Condor, TUI, Germania and Niki Lauda to join him.

in addition, Niki Lauda has not denied information of austrian daily newspaper Kurier, under which it would hold 51 % of consortium he formed with Thomas Cook and Condor to a buy. "We complement each or in an ideal way to revive Niki on market of charter flights," said Mr Lauda, ensuring that alliance " was guaranteed to fill future aircraft ".

The German government has estimated, for competitive reasons, that one airline alone might not be able to buy Air Berlin. Despite this precaution, Niki Lauda spoke of his fears for "competition" in sky, including austrian, if Lufthansa, number 1 German, won piece.


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