Austria airline Nikki grounds planes, files for insolvency

Published on : Thursday, December 14, 2017

Austria airline Nikki groundsAfter filing for insolvency protection Austrian airline Niki has grounded its planes, stranding thousands of passengers abroad.

 
Niki has about 20 planes serving resorts in southern Europe and north Africa.
Niki was founded by Niki Lauda, the ex-F1 racing champion from Austria, but he sold it to Air Berlin in 2011.

 
Austria’s media said that about 5,000 Niki passengers were stuck abroad and needed to be transported back to Austria.

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