Berlin - After Lufthansa abandoned its takeover plans, Niki announces bankruptcy. Around 1000 employees are worried about their jobs.

On Wednesday afternoon, December 13, Lufthansa announced that it would no longer want to take over Air Berlin subsidiary Niki. The EU Commission had signaled that the deal was not approvable. In the early evening today the Austrian low-cost carrier was reported insolvent. A Berlin court spokesperson told the Reuters news agency that the court had filed for bankruptcy for Niki.

With the withdrawal of Lufthansa Niki lost all its hope about the financial support to survive. Now, around 1,000 Niki employees are worried about their jobs. And the passengers are also affected. Today, all scheduled flights of the company were canceled.

According to the German newspaper Bild, Niki should have more than 800,000 bookings in its system.

Niki's website in the early evening:

Air Berlin is currently evaluating alternative uses for NIKI Luftfahrtgesellschaft GmbH. NIKI will comment on the current situation in detail shortly.