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Former F1 champion Niki Lauda eyes parts of Air Berlin

Reuters  |  VIENNA/BERLIN 

VIENNA/BERLIN (Reuters) - Three-time Formula One world champion Niki Lauda said he has partnered with holiday firm Thomas Cook's German airline Condor to make a bid worth around 100 million euros ($119 million) for 38 Air Berlin leased aircraft.Air Berlin, Germany's second largest airline, filed for insolvency last month after major shareholder Etihad withdrew funding following years of losses. Administrators are now seeking to sell the business, with bids due to be submitted by Friday. A decision on the bids will be taken on Sept. 25, the day after Germany's national election and four days ...

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First Published: Thu, September 14 2017. 21:54 IST