BBC Reporting BA has binding agreement to buy bmi

BBC Radio has just reported that BA (or rather its parent company) has reached a binding agreement with Lufthansa to acquire bmi.

This scuttles Virgin’s plans to buy bmi.

More soon!

BBC Report –

But not good news if you work for bmi I fear:

British Airways owner IAG has agreed a binding deal to buy BMI from Lufthansa for £172.5m, but has warned the deal could lead to job losses.

Lufthansa has the option to sell both bmibaby and bmi regional before the deal with IAG is completed, in which case the price IAG pays would be cut.


  1. Yes indeed! Flew them for years to and from Amsterdam, back in the days when they used pre-printed cards for boarding passes, held in a rack at the back of check-in. Now the decision is what to do with the miles I have?

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