elbarto
Established Member
- Joined
- Nov 8, 2010
- Posts
- 1,365
IAG, parent company of BA and IB has reached an in principal agreement to buy BMI from Lufthansa.
Lufthansa -*Lufthansa and IAG reach agreement in principle on the sale of British Midland Ltd.
Looks as if BA will get back the middle eastern routes they sold to BMI a few years back.
I doubt Branson & co will be happy about this and expect his usual ranting and complaining about this purchase to come out in a few days. Virgin shouldn't have sat on their hands if they wanted BD as has long been rumored.
Lufthansa -*Lufthansa and IAG reach agreement in principle on the sale of British Midland Ltd.
Looks as if BA will get back the middle eastern routes they sold to BMI a few years back.
I doubt Branson & co will be happy about this and expect his usual ranting and complaining about this purchase to come out in a few days. Virgin shouldn't have sat on their hands if they wanted BD as has long been rumored.