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...]
Bye Bye (BMI) Baby….
It's getting close to closing time for the Low Cost Carrier offshoot of BMI - BMI Baby. With the final flights set for the 9th September (Sunday this week), they've put a little ditty out on their website: BMI Baby was create out of the spare Boeing 737's BMI mainline had leftover after mainline switched to Airbus operations. Based out of different airport during its … [Read more...]
IAG turns in a loss
International Airlines Group (BA/Iberia/BMI) is having a bad time of it - loosing €390m ($476m; £306m) loss for the six months to the end of June. This is especially bad as the group turned in a €39 million pre-tax profit in the same period in 2011. Revenue increased in the period by10% to €8.5bn vs €7.8bn in the same timeframe. Whilst revenue has been up, costs has also … [Read more...]
IAG completes sale of BMI Regional
Lets have a good news story to end the day on. International Airlines Group has completed the sale of BMI Regional to Sector Aviation Holdings. This move should go some way to saving the 330 jobs that are at BMI regional. The completed sale price of £8 million has been approved by the CAA, and thus Sector Aviation Holdings are in business. BMI Regional operate a fleet … [Read more...]
BMI Regional sold to Sector Aviation
In what can be described as some good news, BMI Regional has been sold by International Airlines Group to a company called Sector Aviation Holdings. The price: A cool £8 million. The sale is pending CAA approval, but IAG anticipates this will be completed within two weeks. For that cool £8 million, Sector Aviation Holdings will get: All of BMI Regional's fixed … [Read more...]
Dates for your diary…
As BMI is taken over by IAG and becomes part of British Airways, here's a list of dates that are important: As of now: Diamond Club members can earn on BA Flights and vice versa. BMI has formally exited from the Star Alliance Diamond Club Members can access BA lounges at LHR and LGW Big upcoming dates 1st May - Diamond Club to BA Executive Club status matching … [Read more...]
The Winners of the BMI Purchase
Earlier today, I looked at the losers of the sale of BMI to IAG. Lets be more congratulative and look at the winners The big winner is of course International Airlines Group and its subsidiary British Airways who have got a total of 42 pairs of slots to play with at London Heathrow. As well as that they get the staff, facilities and aircraft too. Lufthansa although a … [Read more...]
The Losers in the BMI Sale
Whilst Diamond Club members are probably sitting pretty and IAG has a bunch more slots, there are some big losers in the sale of British Midland International: Lufthansa. Oh dearie me. Lufthansa really bit off more than it can chew when it was forced to buy BMI from Sir Michael Bishop (and that's silly of Lufthansa to agree to the push/pull sale agreement in the first … [Read more...]
IAG takeover of BMI complete
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 … [Read more...]
Miles and More posts last date for earning with BMI…
Earlier today Miles and More put out a statement when things would end with BMI. It seems it that the statement pulled, and a new statement is now its place: A new statement is now out : Miles & More ends its cooperation with bmi 11.04.2012 With effect from 19 April 2012, Miles & More’s cooperation with bmi will end by mutual agreement. This is the result … [Read more...]
