Sep 122011

BMI British Midland is closer to being sold by Lufthansa.  International airline Lufthansa has stepped up its effort to offload BMI British Midland. Lufthansa has hired investment bank Morgan Stanley and has appointed a new chairman to oversee a restructure of the firm. Vagn Ove Sorensen will take over as BMI chairman at the end of this week (Friday, September « Continue Reading »

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