Scandinavian Airlines-SAS (Stockholm-Arlanda) has agreed to sell its 20 percent interest in bmi (East Midlands and London Heathrow) to LHBD Holding Limited (Lufthansa). SAS is concentrating on its core Scandinavian business.
Press release:
finance.yahoo.com/news/Sale-of-SAS-Shares-in-bmi-to-bw-3899114935.html?x=0&.v=1
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Flybe (Exeter) has now signaled it is interested in possibly bidding for bmi and the valuable London Heathrow slots.
News link:
business.timesonline.co.uk/tol/business/industry_sectors/transport/
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Copyright Photo: Antony J. Best. Please click on photo for more photos.
Bmi (subsidiary of Lufthansa) (East Midlands and London Heathrow) through Lufthansa has received bids from 12 prospective buyers according to published reports, including British Airways and Virgin Atlantic. Lufthansa is considering all options concerning bmi.
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News link:
www.reuters.com/article/marketsNews/idINL937771420090909?rpc=44
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Bmi (British Midland Airways) (East Midlands and London Heathrow) will drop two London Heathrow UK domestic routes due to escalating costs which has made operating the routes unprofitable. The airline blames BAA’s “inflation-busting increases” in airport charges. ย The LHR-Durham Tees Valley, which has been operated for 40 years, will be eliminated on March 28. In addition the LHR-Leeds/Bradford route will also be dropped on the same day after 30 years of service.
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