News

IAG Tables Offer for BMI

IAG Tables Offer for BMI

Sky News City Editor Mark Kleinman has reported this evening that International Airlines Group, the parent company of British Airways and Iberia, has tabled a proposal to buy BMI from Lufthansa.

“Discussions between the two sides are understood to be at an early stage and could involve a full takeover of the airline or a deal to acquire some of its assets, including its prized take-off and landing slots at London Heathrow Airport,” he said. “Acquiring BMI would give IAG more than half of all take-off and landing slots at the airport and strengthen BA’s grip on one of the world’s most important transport hubs.”

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Blue Insurance Acquired by Cover-More Group of Australia

Neil SteedmanJuly 22, 2018

CAR Issues Regulation Notice Regarding Sindaco Ltd

Neil SteedmanJuly 20, 2018

Three Airports Welcome Norwegian 2019 Summer Schedule

Neil SteedmanJuly 20, 2018

Aegean Airlines is Skytrax Best Regional Airline in Europe 2018

Michael FloodJuly 20, 2018

Bangkok from €549, Sydney from €1,120 in Emirates July Sale

Neil SteedmanJuly 18, 2018

Lufthansa to Go Five Daily on Dublin-Frankfurt

Neil SteedmanJuly 18, 2018

Singapore Airlines Voted World’s Best Airline at Skytrax Awards

Neil SteedmanJuly 18, 2018

Finnair Extends ATTS Contract to Represent Airline in Northern Ireland

Michael FloodJuly 17, 2018

George Best to Overlook Donegall Square from New Belfast Hotel Rooftop

Neil SteedmanJuly 17, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland