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Post by suttoncoastguard on Nov 4, 2011 8:27:50 GMT
Heard on BBC news this morning that AIG the group that owns
BA are buying BMI from Lufthansa and the deal should be finalize in middle of 2012.
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Post by manclad on Nov 4, 2011 23:05:40 GMT
Been rumoured for a few weeks now. BMI regional (the airline with the ERJ145) is being purchased by a Scottish investment group and likely to retail the bmi regional name intitially. Still a decision to be made regarding babies future.
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Post by lysander on Nov 9, 2011 16:01:50 GMT
I understand that Virgin....who are hopping mad at the likely concentration of BA slots at Heathrow....are considering making an offer....which is likely to be rejected according to what I read!
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Post by manclad on Nov 11, 2011 0:48:00 GMT
Virgin have had their chance time and time again to buy bmi. The last time Richard Branson and Sir Michael Bishop couldn't agree terms.
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Post by lysander on Nov 11, 2011 12:43:14 GMT
But, of course, BMi is now controlled by our German cousins isn't it!
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Post by mick on Nov 30, 2011 16:14:37 GMT
Heard on BBC news this morning that AIG the group that owns BA are buying BMI from Lufthansa and the deal should be finalize in middle of 2012. Why would BA want this loss making airline? Do they have slots that BA want or something, can't see it been about the routes they operate somehow. |
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Post by lysander on Nov 30, 2011 18:47:19 GMT
Slots are worth lots of money...which is why Virgin are unhappy as the result of this acquisition further concentrates BA's position....at least that's what I read!
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Post by manclad on Dec 1, 2011 0:44:59 GMT
Heard on BBC news this morning that AIG the group that owns BA are buying BMI from Lufthansa and the deal should be finalize in middle of 2012. Why would BA want this loss making airline? Do they have slots that BA want or something, can't see it been about the routes they operate somehow. Ironically despite being loss making, some of the routes that BMI now operate after a change of strategy and the purchase of BA franchise, BMED, a few years ago are actually of interest to BA as there is little overlap with the current BA network. Routes such as Beirut, Jeddah and Riyadh and Amman. |
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lithium
Inspector
Push the button for me now . . .
Posts: 716 
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Post by lithium on Dec 6, 2011 17:06:42 GMT
Slots are worth lots of money...which is why Virgin are unhappy as the result of this acquisition further concentrates BA's position....at least that's what I read! It also allows for further expansion from their hub at Heathrow. Slots which are very hard to come by, which is probably why they have gone through with the deal. |
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Post by lysander on Dec 13, 2011 11:12:41 GMT
Virgin has made a bid for BMI....Lufthansa now has two offers on the table and will assess them before deciding...so BMI hasn't yet gone to BA!
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fnk
Driver
Posts: 256
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Post by fnk on Dec 14, 2011 17:48:21 GMT
Virgin has made a bid for BMI....Lufthansa now has two offers on the table and will assess them before deciding...so BMI hasn't yet gone to BA! Interesting development, will be one to keep an eye on to see which way it all pans out, especially with the threat of legal action from Virgin. Is it just the two so far now then, surprised we have not seen more - more so for the slots at Heathrow rather than the actual destinations/routes presently served. |
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