Breaking at Sky News, IAG (International Airlines Group – owners of British Airways) appears to have tabled an offer to Lufthansa to buy BMI.
If this is the case, this is big news, as it will open up the question of the Competition Commission and British Airway’s dominance of London Heathrow.
According to the post, discussions are at an early stage, and could involve either a full takeover, or a deal to acquire the assets of BMI – which include those wonderful slots that BMI owns.
I suspect there will be more on this as the day progresses, but IAG aren’t commenting – and nor is Lufthansa.
Well I did warn Sir Richard. He could now be too late unless a bid is on the table 10 minutes ago….
I take it you mean IAG has put an offer on the table to LH/BMI.
I thought the expression “tabled an offer” was a deferral / rejection. In this case I would interpret “tabled an offer” to meat that LH/BMI deferred decision on an existing offer from IAG pending interest from other suitors. Ie. to see what else is out there before making a decision.
The headline was very confusing.
In England, ‘tabling’ means to put it ‘on the table’
In the US, it means to ‘take it off the table’.
You need a new headline writer.
Hi. As this little bit of BoardingArea is forever Britain, it’ll be kept as a British terms.
What’s the term. Two nations. Divided by a single language. ; )
Besides – I can’t afford a headline writer. My head seems to be attached to my body still…
Well, reading the article takes about 10 seconds.
If the headline drew your attention for whatever reason, you could, you know, just read it.