bmi Regional to be sold?

Rumours persist as AERBT goes to press that bmi Regional is to be sold to Scottish interests as owner Lufthansa begins to dispose of some of the parts of bmi that do not fit into its master plan for the loss making airline once owned by Sir Michael Bishop.  The names of Graeme Ross and Ian Woodley have been mentioned.  Both were involved with bmi Regional’s predecessor, Business Air.

Based in Aberdeen, bmi Regional presently has a fleet of 19 Embraer regional jets seating up to 50 passengers.

bmi said the sale includes all the shares of bmi Regional and all assets used by the unit, including the aircraft fleet, as well as the route network and staff.

"The intended sale of bmi Regional is part of the strategic review of bmi," said the airline's Chief Executive, Wolfgang Prock-Schauer.

"It is our goal to find sustainable solutions for all parts of the bmi business and we, as well as the shareholder, continue to assess options."

Presently bmi Regional has aircraft based at Aberdeen, Edinburgh, Glasgow, Leeds Bradford, Manchester and East Midlands, serving 17 destinations across Scandinavia, plus Brussels, Lyon and Zurich.  Bmi expects to complete the deal by the end of this year. www.flybmi.com

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