Lufthansa set to take control of BMI

Germany’s flagship airline Lufthansa was today set to take control of a UK carrier for the first time after agreeing to buy a majority stake in British Midland in a deal costing £223m (€263m).

Lufthansa set to take control of BMI
Mon, 22 Jun, 2009 - 17:24

Germany’s flagship airline Lufthansa was today set to take control of a UK carrier for the first time after agreeing to buy a majority stake in British Midland in a deal costing £223m (€263m).

BMI owns about 11% of take-off and landing slots at Heathrow and Lufthansa’s move gives it access to the lucrative berths at Europe’s biggest airport.

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CourtsBusinessHeathrowPlace: GermanyPlace: UKPlace: HeathrowPlace: EuropePlace: AntiguaPlace: BakuPlace: CairoPlace: Las VegasPlace: Tel AvivPlace: NorwichPlace: GlasgowPlace: ManchesterPlace: BelfastPlace: East Midlands AirportPerson: Michael BishopPerson: BishopPerson: MichaelOrganisation: LufthansaOrganisation: BMIOrganisation: British MidlandOrganisation: Air Schools LtdOrganisation: RAFOrganisation: Derby AirwaysOrganisation: British Midland Airways
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