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Formula One Champ Niki Lauda Rescues His Old Airline

The former Formula One champion Niki Lauda has rescues the airline named after him. Niki, formerly Aero Lloyd Austria, was acquired by Lauda and renamed in 2003 before being partnered with Air Berlin a year later. He later sold the airline to the larger Air Berlin in 2011, where it ferried Austrian and German sun-seekers to Mediterranean beaches.

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Niki lauda rescues his old airline

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