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December 22, 2011 – Bangalore Aviation

Daily Archives: December 22, 2011

Lufthansa to sell BMI to IAG, the owner of British Airways

December 22, 2011 Comments Off on Lufthansa to sell BMI to IAG, the owner of British Airways

Deutsche Lufthansa AG (Lufthansa) and International Airlines Group (IAG), the owner of British Airways, have signed a binding agreement for the sale of British Midland Limited (bmi) to IAG for £172.5m (approx. €207m) in cash. Lufthansa has the option of selling the ‘bmi regional’ and ‘bmibaby’ units separately before the sale is completed, expected by the end of the first …

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