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| Niki Austrian airline failure strands many passengers | Niki Austrian airline failure strands many passengers |
| (about 3 hours later) | |
| The Austrian airline Niki has grounded its planes, stranding thousands of passengers, after filing for insolvency protection. | The Austrian airline Niki has grounded its planes, stranding thousands of passengers, after filing for insolvency protection. |
| Niki has about 20 planes serving resorts in southern Europe and north Africa. | Niki has about 20 planes serving resorts in southern Europe and north Africa. |
| Niki was founded by Niki Lauda, the Austrian ex-F1 racing champion, but he sold it to Air Berlin in 2011. | Niki was founded by Niki Lauda, the Austrian ex-F1 racing champion, but he sold it to Air Berlin in 2011. |
| Austria's Der Standard daily says about 5,000 Niki passengers are stuck abroad and need to be brought back to Austria. | Austria's Der Standard daily says about 5,000 Niki passengers are stuck abroad and need to be brought back to Austria. |
| Most of the stranded passengers are in Majorca. Austrian authorities are now trying to get them transferred to other flights. | |
| On Wednesday the German carrier Lufthansa scrapped plans to buy Niki. | |
| According to Der Standard, about 40,000 people are booked to fly home on Niki during the next two weeks. | |
| The airline was planning to operate at least 145 flights per week during the winter holiday season, from Austria, Switzerland and Germany. |