BA Owner May Struggle to Sell BMI Regional and BMIBaby

BMI RegionalIt is being reported that IAG, British Airways parent company and the new owners of BMI, are doubtful that they can sell the subsidiaries that were the unwanted part of the deal, putting 900 jobs at risk. Lufthansa, the previous owners of BMI Regional and BMI Baby, had tried to sell the subsidiaries, without success, so they were passed onto BA on completion of the deal, giving IAG a significant reduction in the price they paid.

IAG CEO Willie Walsh  said he is “not confident” about selling them, adding “These are airlines that Lufthansa struggled to sell but we are going to make an effort to sell them”.

Full story here:

http://www.bbc.co.uk/news/business-17817981

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One thought on “BA Owner May Struggle to Sell BMI Regional and BMIBaby

  1. Pingback: BMI Regional sale talks advance: BBC News « The Airport Informer

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