Deutsche Lufthansa AG (Lufthansa) and International Airlines Group (IAG), the owner of British Airways, have signed a binding agreement for the sale of British Midland Limited (bmi) to IAG for £172.5m (approx. €207m) in cash. Lufthansa has the option of selling the ‘bmi regional’ and ‘bmibaby’ units separately before the sale is completed, expected by…
by Devesh Agarwal India top news SpiceJet passenger loads on Q400 flights exceeding expectations within a week of commencing serviceSources inside the airline have told Bangalore Aviation that the passenger load factors on their Q400 operations have smashed the airline’s expectations within the first week of travel itself. On almost all routes, the passenger load…
bmi, British Midland International, Heathrow’s second largest airline, and a member of the Star Alliance will commence a thrice a week service between Amritsar and London Heathrow starting on 14 October 2011. bmi Airbus A330-242 G-WWBB. Photo copyright Devesh Agarwal. Flights will operate to London Heathrow via Almaty in Kazakhstan. bmi will be the only…
Reuters, quoting The Mail, reports, British airline Flybe is in talks to buy British Midland’s (BMI) subsidiary operations bmi regional and bmi baby. The two airlines are not core to the strategy of British Midland’s new owner, Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz), it said. Lufthansa took over British Midland last month, but the…
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