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Niki Lauda's new air carrier to fly to Greece

Niki Lauda will launch his new airline, Laudamotion, the former Niki of Air Berlin, on March 25th.

It will fly from Germany and will serve tourist destinations, including Greece, as announced today by the group.

Lauda agreed in January to buy Niki, a collapsed Air Berlin unit, overtaking the competitive bid of British Airways' owner IAG.

The new company will start operating in April from Switzerland and June from Austria, a statement said.

It will operate 14 Airbus airliners and will fly to tourist destinations such as Spain, Greece and Italy, Laudamotion said.