Well, it seems Lufthansa has some cash, and International Airlines Group has an airline, with slots at London Heathrow.
IAG Has posted a press release stating as much at http://www.iagshares.com/phoenix.zhtml?c=240949&p=irol-rnsArticle_Print&ID=1685377
The plan remains to integrate BMI Mainline out of London into British Airways.
However there is a question of BMI Baby and BMI Regional that haven’t been sold prior to the take over. That’s something I’ll be looking into a bit later on today.
The operation of these BMI Baby and BMI Regional continues for now as is – well to the end of Summer 2012 season. After that – who knows.
However, to take these liabilities on, Lufthansa has had to take a hit and have had to discount the sale.
For us mere members of BMI Diamond Club, the good news is there will be 1:1 Avios conversions and status matches from BMI Gold to BA Gold, BMI Silver to BA Silver. More of this at http://economyclassandbeyond.boardingarea.com/2012/04/20/bmi-sale-complete-11-avios-confirmed-ba-lounge-access-granted/
Later on, I’ll be looking at the loosers of the BMI sale. Here’s a hint: There’s a fair few.