Lufthansa eyes Niki in tussle for bankrupt Air Berlin's assets

Berlin

LUFTHANSA has submitted a letter of interest in Air Berlin's Niki unit and other parts of the insolvent carrier, a source familiar with the talks said on Wednesday.

Air Berlin, which is being kept in the air, thanks to a 150 million euro (S$240 million) government loan, has been in talks with interested parties since last week when it filed for insolvency after major shareholder, Gulf carrier Etihad, said it would no longer provide funding.