Home Transport Aviation Etihad exploring options for leisure airline Niki The Abu Dhabi airline bought Niki from Air Berlin for $351m earlier this year by Reuters August 16, 2017 Etihad Airways said on Tuesday it continues to explore options for leisure airline Niki which it bought from Air Berlin for 300m euros ($351m) earlier this year. Etihad agreed to buy Niki as part of a deal to create a holiday airline in a joint venture with TUI Group. Those talks fell apart in June. Read more: Abu Dhabi’s Etihad Aviation Group ends JV talks with TUI AG Earlier on Tuesday, Air Berlin said it had filed for insolvency. Niki is not part of the insolvency proceedings. A TUI spokesman said it was in talks with Air Berlin over its wet lease contract with Air Berlin, which sees TUIFly planes leased to Niki. Also read: Etihad expresses ‘disappointment’ as Air Berlin files for insolvency 0 Comments