International Airlines Group (IAG) and Lufthansa Group (LH) reached an agreement for the sale of LH’s loss-making British Midland (bmi) to IAG.
British Midland A321. By Rob Finlayson International Airlines Group (IAG) and Lufthansa Group (LH) reached an agreement for the sale of LH’s loss-making British Midland (bmi) to IAG (ATW Daily News, Sept. 8). The purchase of bmi could increase IAG subsidiary British Airways' (BA) share of slots at London Heathrow (LHR) to 53%, although regulators most likely will require some slot divestments. “The sale and closing of the deal remain subject to conditions, including ...
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