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Economy Class & Beyond

Lufthansa sells BMI to… IAG (BA/Iberia)

22/12/2011 by Kevincm

Well it seems Virgin was too late to the party with Deutsch Lufthansa AG deciding to sell it's British Midland Airways subsidiary to ... International Consolidated Airlines Group (IAG). For IAG, the spoils of war are simple: 56 slots at Heathrow. The cost has been revealed to be  £172.5m, and IAG/Lufthansa aim to have the deal done in the next 3 months. The deal of … [Read more...]

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