16 NOVEMBER 2009

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Article from BTNews 16 NOVEMBER 2009

Lufthansa and the future of bmi

BMI has a less than assured future according to The Times.  Last Wednesday (11 November) “The Thunderer” was telling readers tales of woe concerning the Lufthansa-owned airline and its future prospects.  It ran more or less the same story the following day for some unexplained reason. The essence was that the new German owners would not stand by the carrier in what everyone calls “difficult times”.  Clearly the value in both financial and operational terms of its 14% of Heathrow slots are not the same as two years ago, but like anything else it is always a question of supply and demand.  A sharp statement by bmi said it has adequate resources to continue operational existence in the future.  www.flybmi.com

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