Niki was a scheduled full-service airline based at Vienna International Airport. The carrier operated 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 acquired regional carrier Luftfahrtgesellschaft Walter mbH (LGW) and NIKI from airberlin for a combined purchase price of EUR210 million. Germany's Bundesregierung (Federal Government) announced the grounding of NIKI and commencement of insolvency proceedings on 13-Dec-2017, with all air traffic under its 'HG' designator code discontinued as of 14-Dec-2017.
Founder Niki Lauda announced plans to relaunch the defunct NIKI brand as Laudamotion in Mar-2018, and operate with 15 aircraft previously in the NIKI fleet.
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