Europe’s most gripping showdown of the year was the battle for the assets of insolvent airberlin’s Austria-based subsidiary NIKI. Lufthansa’s bid to buy NIKI was thwarted by European competition authorities. Just as it looked like British Airways parent International Airline Group (IAG) had clinched the deal, it emerged that the sale process had to be decided in Austria, not Germany where it was struck.  In a final surprise twist, NIKI founder and Formula 1 champion ...

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