FRANKFURT (Reuters) – A Berlin court on Thursday rebuffed a legal challenge to the insolvency filing of airline Niki, which could derail the sale of the Air Berlin (AB1.DE) unit to Britains IAG (ICAG.L), and referred the case to a higher court for a ruling.
Niki filed for insolvency in Berlin last month after Germanys Lufthansa (LHAG.DE) scrapped plans to buy the Austrian unit, grounding the airlines fleet and stranding thousands of passengers.
Following hurried talks to find a new owner for Niki before it loses its valuable runway slots, British Airways owner IAG agreed last Friday to buy the business and make it part of its low-cost unit Vueling.
But Fairplane, a group representing airline passengers, said on Tuesday it had filed legal…
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