Lufthansa decides to take majority stake in BMI

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Keith009

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Start spending those diamond club miles NOW... before they get rolled into M+M which ain't nearly as good value.

AFP: Lufthansa decides to exercise option for BMI: finance director

German airline Lufthansa has decided to exercise an option to take a majority stake in British carrier BMI, Lufthansa finance director Stephan Gemkow said on Friday.

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Lufthansa currently holds 30 percent percent minus one share of BMI and has the possibility of acquiring -- between December 2008 and June 2009 -- the 50 percent plus one share stake held by BMI chief Michael Bishop.
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