Sunday, December 31, 2017

IAG to acquire much of bankrupt Air Berlin's Niki division

BERLIN (AP) - International Airlines Group, the parent of British Airways and Iberia, says it's acquiring much of bankrupt Air Berlin's Niki division.

German news agency dpa reported that IAG said Friday it will pay 20 million euros ($24 million) for Austria-based Niki and inject another 16.5 million euros into ...

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