Editorial Comment

IAG to buy Niki; CALC launches first ABS and new funding vehicle

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IAG to buy Niki; CALC launches first ABS and new funding vehicle

At the close of 2017, International Airlines Group (IAG) confirmed plans to purchase Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. NIKI will be acquired by a newly formed subsidiary of Vueling which w...

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