ALSO READIAG in exclusive takeover talks for Niki: source close to process IAG among bidders chosen for Austrian airline Niki: sources Niki sale to BA owner IAG threatened by German court Passenger rights group takes legal action that could block Niki sale to IAG Four final bidders chosen for Austrian airline Niki
VIENNA (Reuters) - Airline Niki's sale to British Airways parent IAG was thrown into further doubt on Friday when a battle between Austrian and German officials over who should handle its insolvency proceedings intensified.
According to national law, the case has to start from scratch after the ruling.
"We will not start from the beginning as if there had never been proceedings in this case," Reisch told Reuters, adding that she will consider the IAG deal but was also open for new deals if they were better.
"I think a solution can be found within two to three weeks," Reisch said.
"The opening of this case contradicts European insolvency regulation," he said in a statement.
IAG, which had committed to pay the January salaries for Niki staff, said it was monitoring the situation.
Niki owes 153 million euros to around 200 creditors, according to Austria's creditors body KSV 1870.
Fairplane, which said it has claims of 1.2 million euros against Niki for 3,000 passengers, welcomed the Austrian court's decision.
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