BMI sells slots to BA

Discussion in 'bmi | Diamond Club' started by Globaliser, Sep 23, 2011.  |  Print Topic

  1. Globaliser
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    Globaliser Silver Member

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    From Bloomberg:-
    For the avoidance of doubt, this is being more clearly reported elsewhere as six pairs of slots; and it seems clear that this is for northern winter 2011/2.
     
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  2. TRAVELSIG
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    TRAVELSIG Gold Member

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    Oh dear- this can't be a very good sign for the future of BMI can it. It sounds more like a "let's sell off the pieces and see if we can break even..."
     
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  3. gleff
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    gleff Co-founder

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    I'd think it would also reduce the likelihood of a LH Virgin acquisition, suggests that LH isn't pursuing a LHR strategy?
     
  4. MSPeconomist
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    MSPeconomist Gold Member

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    That's what I thought, although only six slot pairs must be a small fraction of the slots they have at LHR. It would obviously be more troubling if most or all of their slots were being sold at once.
     
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  5. TRAVELSIG
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    It would be much more troubling if they were selling all the slots- however given the difficulty in getting slots back in the future, the growth projection for BMI must not be all that positive.
     
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