Niki Lauda has done it again. In the struggle for the insolvent airline Niki he as the founder of the airline is the winner. “Out of a transparent bidding process, Lauda Motion GmbH emerged today as the best bidder in the early morning hours,” so far the news of the joint press release of the two insolvency administrators Ulla Reisch and Lucas F. Flöther on 23 January in Vienna.
The Austrian creditors’ committee unanimously voted in favor of the ‘Laudamotion GmbH’ offer. It is assumed that a short-term insolvency approval of the transaction in Austria and Germany.
In the end, they have prevailed against Ryanair and Vueling, so Lauda in an interview. A crucial point was that Lauda with the operating license of the Lauda Motion at the end of March could fly. Lauda: “Now, the most important thing is to talk to the staff, explain what we are up to.”
Niki becomes Lauda Motion
Because of the bankruptcy Lauda can not continue the name Niki. The new company is called Lauda Motion. The creditors’ committee of the insolvent Air Berlin subsidiary had advised on the sale of the airline since the early afternoon of January 22 in Vienna. Airline founder Lauda had reportedly offered together with the tour operator Thomas Cook and its airline Condor. The previous week, he had set a mood for himself in an open letter. In it, he made a job offer to all Niki employees and emphasized that the aircraft for the restart as well as the operations were “already secured”. jwm
Sources: APA, Standard