Virgin to appeal decision to approve bmi sale to BA….too late?

BBC is reporting that Virgin are indicating that they propose to appeal the EU’s decison to approve the sale of bmi to BA.

All seems very late to me, bearing in mind that the deal is supposed to be complete this Friday.

I suspect it is more to do with trying to get the EU to force BA to sell more slots.

The bready one says:

But Sir Richard Branson, president of Virgin Atlantic, criticised the Commission for reaching its conclusion in 35 working days.

“This deal was agreed with lightning speed and we think the number of slots offered is derisory – representing less than a quarter of BMI’s former network,” he said.