FLYNIKI is the name that the former Lauda Airways life president has come up with for his new airline which took off for the first time last weekend. (see ABTN 24 November). He says that this is a temporary moniker and he will come up with a new name and branding next spring. Lauda purchased the Austrian charter operations of Aero Lloyd, which filed for bankruptcy in October, for a reputed E4m. (see ABTN 20 October). The inaugural flight was from Vienna to Majorca.