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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.”

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NEIL STEEDMAN has been a trade journalist, editor and proofreader for 53 years, and ITTN's News & Features Editor for 43 years. His travel blog is at www.thetravelbuddhist.com.

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