Bmi A321. Photo: By Rob Finlayson. Bmi, a wholly owned Lufthansa subsidiary, continues to target an annual cost reduction of £100 million ($156.9 million) and hopes to bring the carrier back to profit in 2012. “Next year will be the year of stabilization for us,” CEO Wolfgang Prock Schauer told ATW at the Star Alliance CEO meeting in Queenstown, NZ. Bmi posted a loss of £198 million in 2009. “We are currently in the process of adjusting our ...

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