Well I did break it yesterday, and it's now been confirmed by the BBC. Lufthansa has said it is selling British Midland International to International Airlines Group (IAG). Price has not been disclosed as yet, with the aim to sign a purchase agreement in the coming weeks, and to close the deal before April 2012. A binding purchase agreement and further due diligence is … [Read more...]
BMI and IAG – Announcement due tomorrow.
According to Bloomberg, it is closing in on game over for British Midland International and International Airlines Group (owner of British Airways). It is understood according to Bloomberg that final negotiations of the deal are under way, and a memorandum of understanding has been signed, with the announcement due tomorrow when IAG declares its earnings tomorrow. If … [Read more...]
BA are off to Nice. How very.. Nice.
British Airways have confirmed they are commencing a London Gatwick to Nice route. Operating from 25th March 2012, the schedule is currently booked for the following: Outbound DEPART LGW 07:40 13:05 19:20 ARRIVE NCE 10:40 1605 22:20 Inbound DEPART NCE 07:05 11:25 16:50 ARRIVE LGW 08:05 12:25 17:50 Operates Daily from 25/03/2012. … [Read more...]
British Airways Introduces… Bronze
Big news from British Airways today as they add a new level of membership to their Executive Club scheme... the wonderful colour of BRONZE. So lets get to the skinny. To Qualify for Bronze you'll need: 300 Tier Points 2 Qualifying Flights OR 25 Single Sectors And for that, you'll get Business class check-in Seat selection from seven days before … [Read more...]
BA increases flight to Glasgow, Aer Arann cans flights from Galway
Two bits of news UK news today. First up is British Airways who is planning to increase their domestic programme to Glasgow by increasing the amount of seats going up there by 4000. British Airways are attempting to do this by increasing more flights to Glasgow, by 15 flights a week (from 52 to 67), and deploying Boeing 767's on Domestic hops - with a maximum of 252 seats … [Read more...]
BMI – More rumours as the vultures circle…
As we continue on the path to uncertainty, it's time to catch up on the weekend's news and rumours over BMI and it's future. In the Financal Times, they report Virgin Atlantic and Etihad have had talks on forming a Joint Venture to take over BMI. Apparently, bids for the sale of BMI were due on Friday. Etihad itself is looking at how it could integrate BMI's short and … [Read more...]
Credit Cards in the UK – Airlines
There is a lot of writing about Credit Cards in the USA with megapoints. However, over on this side of the pond, things are... a little more muted. This is Kevin's guide to Airline Credit Cards for the UK Market I'll attempt to keep this up-to-date, but the market is shifting as one of the major issuer of Credit Cards is up for sale at the moment. This is also the first … [Read more...]
BREAKING: IAG tables an offer to Lufthansa over BMI
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 … [Read more...]
Dear Sir Richard Branson. Buy It or Put up and Shut Up… (the sale of BMI)
I'm probably going to win no supporters over at London Heathrow Terminal 3, but really the whining from Virgin Atlantic over the sale of BMI is getting intolerable from over there. As we all known, Lufthansa is trying to get shot of it's BMI subsidiary, and of course as I reported earlier this month, Sir Richard Branson of Virgin Atlantic fame is after BMI as usual, and … [Read more...]
Fares going down at Gatwick for British Airways
British Airways must be feeling the pinch from all the other low cost carriers at London Gatwick, and has launched a new campaign of lower fares from/to Gatwick. Fares are down as much by 20%, for an undefined period (but not a short as a sale), and kick of from £39 a sector for Amsterdam, Bologna, Bordeaux, Malaga, Marseilles, and going up in steps from there (for example, … [Read more...]
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