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- IATA Code
- ICAO Code
- Corporate Address
- NIKI Luftfahrt GmbH
Office Park I, Top B03
A-1300 Vienna, Austria
- Main hub
- Vienna International Airport
- Business model
- Low Cost Carrier
- oneworld (affiliate)
- Joined Alliance
- Association Membership
- Codeshare Partners
Niki is a scheduled, semi-low cost airline based at Vienna International Airport. The carrier is partially owned by Air Berlin and operates domestic and regional services within Austria, Europe and to Egypt. The airline was founded in 2003 by Austrian aviation entrepreneur Niki Lauda, whose holding company maintains a majority shareholding in the airline.
Location of NIKI main hub (Vienna International Airport)
LCCs will continue to evolve into hybrids of the original core model. CAPA and OAG consider NIKI fits the LCC profile and it is included in our reporting on this basis. Please note: when reporting for an airline is changed from or to LCC the historical data is not affected and it can lead to a distortion in the current reported data. Contact us if you have any queries.
155 total articles
18 total articles
Austrian Airlines on 1-Jul-2012 finalised integrating its mainline flight operations into its wholly owned regional subsidiary Tyrolean Airways as part of a comprehensive restructuring programme outlined by CEO Jaan Albrecht in Jan-2012 to bring “and sustainably keep” Austria’s largest carrier in the profit zone. The long-overdue streamlining of the company will also see the end of the Lauda Air brand from the summer of 2013. Austrian Airlines Group has recorded an annual negative EBIT for the majority of the last decade despite consecutive cost cutting exercises and a takeover by Lufthansa Group in 2009.
The group comprises three airlines – Austrian Airlines, Tyrolean Airways and Lauda Air – but Lauda’s Air Operator's Certificate (AOC) has just been returned to the country’s civil aviation authorities. Flight operations of the charter subsidiary were merged with Austrian’s back in 2004 for all but one aircraft. This aircraft has now moved to Tyrolean’s AOC.
The oneworld alliance on 20-Mar-2012 is welcoming airberlin as its 11th member, but the carrier's full potential will not be immediately realised.
airberlin's advantage is a continental European base, which oneworld lacks and barely had prior to the Feb-2012 collapse of Hungary's Malev. But the hub can only be utilised if oneworld carriers serve it, and so far they have been coy about adding services, preferring instead the country's – and one of the world's – leading financial centres, Frankfurt, much to the disappointment of airberlin.
From airberlin's accession, oneworld will gain market share, but not only are SkyTeam and Star Alliance expanding as well, they are adding members in key growth markets. airberlin this week brings 38 new destinations to oneworld's network, although they are primarily leisure points and not the corporate destinations that bolster airline yields. The airline has evolved, with additional costs, from a low-cost carrier to a hybrid one targeting the corporate sector, but has yet to see a yield uptick.
Austrian Airlines is facing a testing period after posting operating losses of well over EUR100 million (USD129 million) over the past two years. The carrier, under the leadership of new CEO Jaan Albrecht, is aiming to return to profitability in 2012 but significant changes will have to occur for this to become a reality. Austrian has stated that it suffers from multiple historical structural disadvantages, forcing it to implement a restructuring programme to stabilise the carrier and ensure its future “once and for all”. But rumblings from staff suggest this might not be plain sailing.
Cost reductions reaching EUR200 million (USD255 million) in 2012 are going to be key factors in the airline’s mission to return to the black. This year will also see continued uncertainty in the airline’s focus markets, with the crisis in the Eurozone and increased expenses resulting from the European Union’s Emissions Trading Scheme likely to affect plans at the carrier.
As the international airline industry evolves from a heavily protected, government-run activity into a commercial hybrid, individual airlines are confronted by massive challenges, each of them unique to the company concerned. At the same time, the industry overall remains constantly at risk from any number of external threats.
The European airline market was battered by the global financial crisis, recording a combined loss of USD4.3 billion in 2009, according to IATA. Europe's tepid economic recovery, the ash cloud crisis, difficulties in cutting capacity and massive structural changes within the short-haul market have conspired to make 2010 another challenging year. Losses are anticipated at USD1.3 billion in 2010, making it the only region to be unprofitable in an otherwise strong year for recovery elsewhere. But there are some bright spots in the region. In this report, CAPA reviews the European airlines expected to make waves in 2011.
Yield situation in Europe showing signs of improvement; most carriers see passenger growth in Aug-10
European airlines are showing signs of yield improvement, particularly among the UK and Continental European carriers. The Nordic market appears to be stabilising, albeit at weak yield levels. Overall, the outlook remains uncertain.
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