29 JUNE 2009

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2019 Business Travel News Ltd.

Article from BTNews 29 JUNE 2009

bmi becomes part of Lufthansa

BMI, the former British Midland Airways, will effectively become part of Lufthansa on Wednesday 1 July, the finale of what was sometimes a saga started in 1999 when the German carrier agreed to purchase the Donington-based airline.  An out-of-court settlement has been made to pay Sir Michael Bishop (technically BBW Partnership Ltd), a total of UKP223m (E265m) for the BBW stake of 50% plus one share in the UK carrier.  bmi’s remaining minority shareholder, SAS, has indicated that it is interested in selling its 20% interest to Lufthansa.  bmi holds around 11% of the Heathrow slots, not as valuable as they have been in the past.  A sale of its low cost arm bmi baby is thought very likely as is a major reappraisal (and reduction) of the main line operations.  Integration should not prove a problem, both carriers now happily together in Heathrow T1.  Marketing and route selection might prove more interesting. www.flybmi.com

Index/Home page
 

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.
www.btnews.co.uk