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Former CEO: Defunct Bmibaby did not have strong takeover bids

Defunct UK low-cost carrier bmibaby, which ceased operations in September, decided to shut down instead of accepting takeover bids from financially insecure purchasers.

Bmibaby. By Rob Finlayson Defunct UK low-cost carrier bmibaby, which ceased operations in September, decided to shut down instead of accepting takeover bids from financially insecure purchasers. Speaking on airline consolidation at a conference on The Future of Air Transport in London Tuesday, former bmibaby managing director Julian Carr said the decision was made to cease operations in a controlled manner, giving passengers confidence up to the closing date. “We had ...

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