Amid intense pressure to find quick solutions for the failing airberlin business, the company’s creditor committee is expected to grant preliminary approval for the sale of Austrian affiliate Niki to Lufthansa at its Aug. 23 meeting. Industry sources say the body is to wave through an LOI for Niki, one of the few parts of the Airberlin Group not operating under bankruptcy protection. Lufthansa, the sources say, will pay a relatively high price for the airline, given that it is a ...

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