Economy Class & Beyond

BMI on the sale to IAG: From the Horses Mouth to the Diamond Club members

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This came in a notch earlier from Diamond Club on the sale of BMI to IAG (British Airways): For those of you who can't see the image: We’d like to advise you that the EU Competition Authority has today approved the sale of bmi to IAG. We are very aware that Diamond Club members want to know what will happen to their accounts when bmi is acquired by British … [Read more...]

More on the slot sale due to IAG’s purchase of BMI

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Looking at the IAG press release, more details have been made about the spits of the 14 slots that IAG have to cede for the purchase of BMI. Seven daily slot pairs to be used between Heathrow and either Edinburgh and/or Aberdeen. Five daily slot pairs to be used between Heathrow and the following destinations - Nice, Cairo, Riyadh, Moscow, Edinburgh and/or Aberdeen. Two … [Read more...]

IAG Secures EU Clearance to purchase BMI.

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Well - it's done. International Airlines Group has secured the clearances to purchase British Midland Airways from Lufthansa According to Reuters, the 14 slots that were given up were the key to complete the purchase. The deal worth £172.5 million will give IAG through its British Airways unit the remaining slots. More importantly, more information about the slots have … [Read more...]

Still got BMI miles? Redeem them. NOW.

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This is probably the most silly post I write, but here's a gentle hint for those of you who have BMI left. If you've got BMI Miles, REDEEM THEM. NOW.   With things coming to an end with BMI, for some really good value redemption, get them in as soon as possible. Lets face it - the value of miles only head one way - even on a 1:1 switch to Avios, there is plenty to … [Read more...]

IAG purchase of BMI: Looks to clear after concessions

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An update from Reuters indicates that International Airlines Group (owner of British Airways and Iberia) is prepared to make more concessions to enable the sale of British Midland International/British Midland Airways According to the report, IAG offered give up 10 slots for domestic and international use. But it seems the moaning of Virgin Atlantic Group has resulted in a … [Read more...]

IAG waits for the European Commision to approve the purchase of BMI…

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Well, we're down to the final week of the hopefully will close the Lufthansa saga of owning British Midland Airways - or BMI as the rest of us know it as. The sale is down to the European Regulators either a yay... or nay. The EU Anti-Trust regulators have extended the provisional deadline for a decision on the acquisition from 16th March to 30th March Both Lufthansa and … [Read more...]