International Airlines Group (IAG), parent company of British Airways, Aer Lingus, Iberia and Vueling, is adding NIKI to its portfolio after sealing a deal to acquire the Austrian carrier for €20 million ($24 million). IAG CEO Willie Walsh confirmed the deal Dec. 29 after IAG was left the sole remaining bidder for NIKI, which went into insolvency after its parent airline, airberlin, ceased operations in October this year. The Austrian carrier, founded by former racing driver Niki ...

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