Airberlin subsidiary NIKI filed for bankruptcy Dec. 13 and ceased flight operations. The decision came after Lufthansa informed airberlin administrator Frank Kebekus that it was terminating a purchase agreement to take over NIKI. Lufthansa said it had received clear signals that the European Commission (EC) would not approve the takeover following a Phase 1 investigation that was scheduled to end Dec. 21. Germany's largest airline also was not willing to extend financial support for NIKI-around €10 million ($11.8 million) per week-through a possible Phase 2 review that would have lasted 90 workdays.
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