Union says Air Berlin's Niki Airlines future is unclear
[VIENNA] Union representatives of insolvent Air Berlin's Austrian unit Niki Airlines said its future was unclear and they hoped for support from the Austrian government if it runs out of money.
Etihad Airways agreed in June to buy the leisure airline from Air Berlin, which filed for insolvency this week, but the deal has not been closed. Niki is not part of Air Berlin's insolvency proceedings.
So far all money transfers from Germany have been made, union representative Peter Stattmann said. "The next litmus test will be the salaries (expected) end of August." In a worst case scenario the union would hope for the government's support. "We are already in touch."
Austria's transport minister said that in case of a Niki insolvency the government would seek a solution. "We won't leave anyone out in the cold," said Joerg Leichtfried.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger
Baltimore’s trapped ships start leaving as new channel opens
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada