FlyNiki to cut 13 European destinations, Abu Dhabi route
Airberlin Austrian subsidiary FlyNiki will cut 13 European destinations from Jan 30, as well as its daily Vienna-Abu Dhabi route from the end of March. The move is part of plans to create a new, yet-to-be named leisure airline group based in Vienna. The new leisure airline, which needs regulatory approval, will be 25% owned by Etihad Aviation Group and 24.8% owned by German holiday company TUI Group. The remaining 50.2% share is expected to be held by an Austrian foundation to ensure Austrian majority ownership and maintain international traffic rights. The new carrier will operate aircraft from TUI Group’s TUIfly airline and FlyNiki. It expects to operate 63 aircraft on point-to-point services in European tourist markets. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-09/unaligned/flyniki-to-cut-13-european-destinations-abu-dhabi-route
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FlyNiki to cut 13 European destinations, Abu Dhabi route
Airberlin Austrian subsidiary FlyNiki will cut 13 European destinations from Jan 30, as well as its daily Vienna-Abu Dhabi route from the end of March. The move is part of plans to create a new, yet-to-be named leisure airline group based in Vienna. The new leisure airline, which needs regulatory approval, will be 25% owned by Etihad Aviation Group and 24.8% owned by German holiday company TUI Group. The remaining 50.2% share is expected to be held by an Austrian foundation to ensure Austrian majority ownership and maintain international traffic rights. The new carrier will operate aircraft from TUI Group’s TUIfly airline and FlyNiki. It expects to operate 63 aircraft on point-to-point services in European tourist markets. <br/>
