IAG (BA) proposal to buy BMI fom Lufthansa

Discussion in 'British Airways | Executive Club' started by NorFlyer, Oct 25, 2011.  |  Print Topic

  1. NorFlyer
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    NorFlyer Silver Member

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    http://blogs.news.sky.com/kleinman/Post:8c335dc4-49f0-4334-9cb6-db90b7f450e0
     
  2. AtoZ

    AtoZ Silver Member

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    Not too great news as I liked to have a UK-based Star carrier.
     
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  3. JohnDeere19
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    JohnDeere19 Gold Member

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    I'm not all that surprised...LH has been talking about getting rid of them for a while.
     
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  4. uggboy
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    uggboy Gold Member

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    Make that One World in the future!;)
     
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  5. uggboy
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    uggboy Gold Member

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    Agreed, no surprise there!;)
     
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  6. canucklehead
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    canucklehead Gold Member

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    Surprised Virgin has not stepped into the fray yet. IAG said they would be on an acquisition streak, they are keeping their promise!
     
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  7. Euan
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    Euan Silver Member

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    Yes we've not heard much from Sir Richard since the IAG bid was in the news. What they are really interested in are the LHR slots! :)
     
  8. NorFlyer
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    NorFlyer Silver Member

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    Looks like someone else than IAG is negotiating buying BMI Regional

    http://www.flightglobal.com/news/articles/lufthansa-group-close-to-selling-bmi-regional-364031/
     
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  9. Euan
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    Euan Silver Member

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    No LHR slots involved so the big guns are unlikely to be interested in BMI Regionals.
     
  10. NorFlyer
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    NorFlyer Silver Member

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    Could it be Eastern trying to pick it up?
     
  11. Euan
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    Euan Silver Member

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    Well the HQ for the potential purchaser is in Aberdeen whilst Eastern are based in Humberside so on that basis it doesn't look likely.
     
  12. NorFlyer
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    NorFlyer Silver Member

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    Looks like IAG is picking up BMI mainline as suspected earlier:

    http://www.iairgroup.com/phoenix.zhtml?c=240949&p=irol-newsArticle&ID=1626284&highlight=

    http://presse.lufthansa.com/en/news-releases/singleview/archive/2011/november/04/article/2025.html

    http://www.bloomberg.com/news/2011-...-sell-bmi-unit-in-u-k-to-british-airways.html
     
  13. NorFlyer
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    NorFlyer Silver Member

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    And confirmed that IAG and not Virgin is picking up BMI:

    http://online.wsj.com/article/SB10001424052970204464404577113802080663444.html

    Also:
    http://presse.lufthansa.com/en/news-releases/singleview/archive/2011/december/22/article/2054.html
     

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