British Midland International A319. By Rob Finlayson Lufthansa (LH) Group announced Friday it completed the sale of British Midland International (bmi) to British Airways (BA) owner International Airlines Group (IAG). LH Group said the gross purchase price was £172.5 million ($278 million). BA said last week it will cut up to 1,200 jobs as it absorbs bmi’s mainline operations (ATW Daily News, April 13). According to an IAG statement, bmi mainline will be ...

Subscribe to Access this Entire Article

"IAG seals bmi purchase; will divest Bmibaby and regional" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.