Lucas Floether is hoping to salvage a deal he brokered to sell Niki to British Airways owner IAG (>> International Consolidated Airlines Group).

That deal was called into question by the German court ruling and a subsequent similar one in Austria handing the main proceedings to an Austrian administrator.

Floether said earlier on Tuesday that he would work closely with his Austrian counterpart.

(Reporting by Shadia Nasralla and Kirsti Knolle; editing by Jason Neely)