German logistics firm Zeitfracht says looking at Niki's books

Family-owned German logistics firm Zeitfracht is studying the books of Austrian airline Niki with view to buying some of its assets, a spokesman for Zeitfracht said Saturday. Zeitfracht and maintenance group Nayak are jointly interested in some assets, including Niki crews, in order to expand Zeitfracht's newly-bought subsidiary WDL Aviation, the spokesman said. They were also interested in Niki Technik, he said. Zeitfracht and Nayak have already bought Air Berlin's cargo marketing platform Leisure Cargo and maintenance units. Niki's insolvency came after Lufthansa scrapped plans to buy Niki, grounding the airline's fleet and stranding thousands of passengers. Administrators for parent company Air Berlin have since been working to find a new buyer for Niki's assets. <br/>