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New bmi chairman appointed as likelihood of sale grows

British Midland (bmi) appointed former Scandinavian Airlines deputy CEO Vagn Ove Sorensen to succeed Lufthansa (LH) executive board member and Group Airline chief officer Stefan Lauer as bmi chairman, yet another move indicating that LH Group is interested in selling its loss-making UK subsidiary.

British Midland A321. By Rob Finlayson British Midland (bmi) appointed former Scandinavian Airlines deputy CEO Vagn Ove Sorensen to succeed Lufthansa (LH) executive board member and Group Airline chief officer Stefan Lauer as bmi chairman, yet another move indicating that LH Group is interested in selling its loss-making UK subsidiary. LH has reportedly mandated banks to look into a potential sale of bmi. “We are open to take external advice in the event we do take the ...

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