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Niki Lauda aiming to take to the skies again?

Niki Lauda looks to be on the verge of relaunching his career in the aviation business. The former Formula 1 world champion originally set up Lauda Air in 1979 after retiring from the sport. He sold that business to Austrian Airlines in 2000. In 2003 he created budget airline Niki after buying up the assets of failed carrier Aero Lloyd Austria. He subsequently decided to quit the airline business in 2013 in order to focus on his duties as non-executive chairman at Mercedes. But after the Niki airline was placed in administration, Lauda confirmed that he would be making a bid to reclaim it. “I will, of course, make an offer for Niki by January 19,” Lauda told Germany’s Handelsblatt...
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8y ago from F1i.com 0
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