On Tuesday bmi regional commenced its new service between City of Derry Airport and London Stansted. Fares...
IAG has sold BMI Regional to aviation consortium Sector Aviation Holdings for £8 million cash. The sale includes all bmi regional’s fixed assets and long-term liabilities, including owned and operating lease aircraft. If approved by the CAA, ownership is expected to be transferred to SAH within two weeks. IAG Chief Executive Willie...
The Aberdeen-based consortium Granite Aviation is reported by the BBC to be in advanced talks with International Airlines Group to buy BMI Regional for about £20 million. The airline is also based in Aberdeen and operates 19 aircraft between smaller city airports. “An announcement on a possible deal is expected in the...
International Airlines Group yesterday completed the purchase of bmi from Lufthansa. It is planned that bmi mainline will be integrated into British Airways and consultation has begun already with bmi mainline staff and their trade unions. A statement issued by IAG included: “bmibaby and bmi regional have not been sold prior to...
Following the acquisition of bmi by IAG from Lufthansa, British Airways is continuing discussions with potential buyers for bmibaby and bmi Regional and has stated that there could be up to 1,200 redundancies at bmi’s head office at Castle Donnington and at UK regional airports. The integration with BA would secure 1,500...
British Airways and Iberia parent company International Airlines Group and Deutsche Lufthansa AG have today reached a binding agreement for IAG to acquire British Midland International for £172.5 million (€206.8m) in cash, although the price is subject to significant reductions. BMI comprises three distinct business units – bmi mainline, bmi regional and...
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