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Lauda sells Niki to Air Berlin

Vienna, Austria - But remains in the Board of the company

Former Formula 1 champion Niki Lauda, together with the President of the German carrier Air Berlin, Hartmut Mehdorn, has announced the sale of 50.1% of shares of his low-cost airline Niki Luftfahrt to Mehdron. In 2004, Air Berlin, second biggest German carrier after Lufthansa, had already bought 24% stake in the Austrian company increasing it to 49.9% in 2010. It acquired full ownership yesterday....

AVIONEWS - World Aeronautical Press Agency - 1135411
Rome, Italy, 11/09/2011 11:38
AVIONEWS - World Aeronautical Press Agency

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