Well for us BMI Diamond Club members, the end is finally nearing in the Love-Hate forced takeover of BMI by Lufthansa.
Like any couple heading up the isle, there has been squabbles, backtracking, leagel fights.. leaving the children (in this case, BMI staff and BMI flyers) waiting for the outcome.
But today, it seems “LHBD Holding Limited” exists as a holding company in the UK to start shoring up the shares of Sir Michael Bishop (50%+1) and the existing Lufthansa share (30%-1).
From the looks for it, there has been fiscal fishing and fixings – but it’s all heading to an endgame now.
Additionally, the 20% from SAS needs to be got hold of, but as of today – BMI is basically part of the Lufthansa group.
Better start spending your hard earned BD miles.
For the staff involved – Good luck!
