British Airways Owner buys BMI from Lufthansa

 Flights
Dec 282011
 

British Airways owner International Airlines Group has edged out the rival bidder Virgin Atlantic to scoop BMI in a £172.5m deal. The deal is set to increase British Airways take-off and landing slots at Heathrow. International Airlines Group has crushed arch-rival Virgin Atlantic’s dream of acquiring BMI by sealing the purchase of Deutsche Lufthansa AG’s unit with a 172.5 million-pound « Continue Reading »

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