Niki is a scheduled full-service airline based at Vienna International Airport. The carrier operates domestic and regional services within Austria, Europe and to Egypt. Niki was founded in 2003 by Austrian aviation entrepreneur Niki Lauda and operated in partnership with airberlin until in 2017, Air Berlin PLC filed for insolvency. In accordance with negotiations between Deutsche Lufthansa AG and Air Berlin PLC, Lufthansa will acquire regional carrier Luftfahrtgesellschaft Walter mbH (LGW) and NIKI from airberlin for a combined purchase price of EUR210 million. The transfer is subject to
airberlin filed to commence insolvency proceedings on 15-Aug-2017, in order to continue with a "restructuring process". In accordance with negotiations between Deutsche Lufthansa AG and Air Berlin PLC, Lufthansa will acquire regional carrier Luftfahrtgesellschaft Walter mbH (LGW) and NIKI from airberlin for a combined purchase price of EUR210 million. The acquisition is subject to European Commission approval, however, Lufthansa stated it plans to dissolve the NIKI brand as it integrates the carrier into Eurowings.
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