Lufthansa (LH) Group announced Friday it completed the sale of British Midland International (bmi) to British Airways (BA) owner International Airlines Group (IAG).
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 ...
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