BMI Sale or Break up Expected up Lufthansa

Lufthansa give an opinion on Sale or break up from British Midland International contract (BMI), according to the reports in Sunday Times this week. BMI currently owns the landing slots and valuable take off at London Heathrow just behind British Airways.

Lufthansa Image

Lufthansa and BMI in the past were named as possible airlines under OFT investigation for inequitable pricing onto customers online although the inquiry is in progress according to financial times.

BMI also have an option by Virgin Atlantic, British Airways and Etihad Airways as they uttered a concentration in acquiring from the opponent Lufthansa. Hopefully in the coming week’s situation will be clear between all the parties.

People who read this also read...

  • Lufthansa can sell BMI to avoid credit rating downgrade posted on 24 August 2009

    The German airline is looking to raise cash after being threatened with a credit rating downgrade, and a full sale of BMI, which it took control of only two months ago, is one of the options that is open for discussion. The airline has been hit by the downturn in the aviation sector, posting a first-half...
    Read More

  • Lufthansa says it’s prepared for difficult market posted on 24 April 2009

    Airline Deutsche Lufthansa AG said Friday it expects the current difficult operating environment to continue in 2009, but that it was well prepared for the economic turbulence and the expected consolidation in the airline industry. At the company’s annual general meeting, Cologne-based Lufthansa,...
    Read More

  • BMI being taken over by Lufthansa posted on 29 October 2008

    UK airline BMI is being taken over by Germany’s Lufthansa. Lufthansa, which already owns a 30% stake in BMI minus one share, is buying the 50% of the company owned by BMI chairman Sir Michael Bishop. The deal will give Lufthansa control of more flights from London Heathrow airport than any other...
    Read More

  • More flights to Africa by Lufthansa posted on 11 September 2009

    Lufthansa is further boosting its services to Africa and increasing the number of flights it operates to Nigeria from ten to fourteen per week.  Following the introduction of the winter timetable on 25 October 2009, with these four additional flights, passengers will be able to fly daily from Frankfurt...
    Read More

  • More Addis Ababa flights by Lufthansa posted on 18 November 2009

    From April 2010 and June 2010, respectively, Lufthansa and its codeshare partner Ethiopian Airlines, will each offer one additional flight per week between Frankfurt and the Ethiopian capital Addis Ababa.  Passengers of both airlines will then be able to choose from a total of ten non-stop services...
    Read More

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Get Adobe Flash playerPlugin by wpburn.com wordpress themes