Well it seems that the Virgin Group are distinctly unhappy at the International Airlines Group takeover of British Midland International, and is to appeal against the European Commission's decision to allow the purchase to go through. Virgin objects in lots of whiny language with Richard Branson said Virgin Group stating: "This deal was agreed with lightning speed and we … [Read more...]
The price of a IAG take-over: 1200 jobs to go
1200 posts to go seems to be the first efficiency that IAG wishes to make with the take over of BMI Both Unite who represent the ground crews and cabin staff as well as BALPA who represent the pilots are trying to negate the losses. Unite say: "Unite will be fighting to maintain as many jobs as possible and ensure that where vacancies exist people can be placed into … [Read more...]
British Airways A380’s take a step closer…
Thanks to a little Tweet and an Instagram Picture, The British Airways Social Media team has posted a picture of a frame of an A380... that will form one of British Airways A380 fleet. And you'll have to click https://instagr.am/p/JPQdnNIsIR/ to view it. British Airways have 12 A380's on order, to be powered by Rolls Royce Trent 900 Engines. With the new slots that the … [Read more...]
BMI updates Facebook post – more of the future revealed…
Well it seems the end is drawing nearer and nearer.. and on the BMI FaceBook page, an FAQ has been posted. What do we learn from it though? BMI state the intended date from exiting Star Alliance will be to be around 20 April, 2012. BMI, Lufthansa and Star Alliance will be working together to ensure a smooth exit that doesn't leave everyone in the hole. Diamond Club … [Read more...]
BMI on the sale to IAG: From the Horses Mouth to the Diamond Club members
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
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.
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...]
IAG purchase of BMI: Looks to clear after concessions
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...]
British Airways gets the final nod from Russian Authorities to run 747’s…
News from British Airways who have gained approval to fly a Boeing 747-400 on its London (LHR)-Moscow Domodedovo (DME) route This was just two days before the first scheduled flight began Sunday. Transaero seems to be at the heart of this dispute who wished to operate larger capacity aircraft on this route (they currently operate narrowbody aircraft), and wished to … [Read more...]
IAG waits for the European Commision to approve the purchase of BMI…
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...]
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