Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,154.79
    -521.03 (-0.74%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,536.07
    +5.47 (+0.36%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Thomas Cook considering acquisition of Niki

Empty Niki check-in counters are seen at Vienna International Airport in Schwechat, Austria December 14, 2017. REUTERS/Heinz-Peter Bader (Reuters)

BERLIN (Reuters) - Tourism group Thomas Cook <TCG.L> is considering a takeover of insolvent holiday carrier Niki, a spokesman said on Thursday, after Niki was left looking for a new investor following Lufthansa's <LHAG.DE> decision to drop a bid.

"We plan to increase our capacity in the German market in light of the increased demand," he said. "We are considering our options, including a takeover of Niki, or buying parts of the airline."

Thomas Cook and its German airline Condor had been among the initial parties to bid for Niki, part of collapsed German carrier Air Berlin, but lost out to Lufthansa.

Niki filed for insolvency on Wednesday after Lufthansa dropped its bid, citing competition concerns.

(Reporting by Victoria Bryan; Tom Sims)