As we all remember, Virgin Atlantic moaned its way through the sale of BMI to IAG. Part of the deal was that IAG had to disperse 14 pairs of slots of Heathrow to buy BMI. These slots are assigned for shot haul and domestic use. Well, it seems Virgin Atlantic has full authority on these slots from the UK Civil Aviation Authority (CAA) and the European Commission, … [Read more...]
BMI Regional prepares for life on its own
Earlier this year, Sector Aviation Holdings successfully purchased BMI Regional from IAG as part of the breakup of British Midland Airways. Today, the airline has annouced its first new routes and will operate the two new routes as well as the current ones: Bristol and Aberdeen, Manchester and Antwerp. The new routes will commence on 29th October and will operate … [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...]
Airplane Art – BMI Airbus A320
It's Sunday again, so it must be time for some more Airplane Art. This week, it's a British Midland International Airbus A320 at Birmingham Airport, waiting to operate a flight the early morning Lufthansa to Frankfurt-am-Main (Click for the large version) More airplane art next week! … [Read more...]
Office of Fair Trading nods through IAG/BMI deal – off to the EU for clearance
The take over of British Midland Airways Ltd has taken another step closer today according to Office of Fair Trading According to the statement: The OFT today announced that it has decided not to make a request to the European Commission for a UK review of the proposed acquisition by International Airline Group (IAG) of bmi from Lufthansa. The OFT will continue to work … [Read more...]
Meanwhile BMI Kitteh is fed up of the attention it’s getting…
Bad news. The LOLCats are back ;) And in this LOL, you've got to feel sorry for the BMI kitteh. I have a feeling there might be some 787 LOLS next week .... ;) … [Read more...]
Uhoh. The Sale of BMI Regional is taking a little longer than some like….
Well, firstly we have a name at last for the buyers of BMI Regional - Granite Aviation according to Flight International. And there's a bit of a snag in the sale due the company taking over as Granite is an investment group - not an airline and thus has no airline infrastructure in place. This means things like lack of support for planes is currently lacking. An agreement … [Read more...]
IAG to merge BMI in upon completion of takeover
From the IAG Traffic Stats document, it seems the British Airways pilots have voted to integrate BMI Mainline (A319/A320/A321/A330) into the British Airways arm after the merger is approved IAG plans to integrate bmi mainline into British Airways, subject to receiving regulatory approval for the acquisition. This follows agreement by British Airways’ pilots to make … [Read more...]
BMI Baby saved? Possibly…
It seems that fortune is smiling on BMI Baby with the announcement that someone is actually interested in buying the little airline. The low cost carrier operating a fleeting Classic Boeing 737-300's and 737-500's, has been sold to a new potential owner who has not disclosed who they are. Financial terms have not been disclosed either. However, the talks are … [Read more...]