If there's anyone who can milk the media, it's Richard Branson. With reports that Delta are going to snap up the 49% of Virgin Atlantic, IAG head Willie Walsh has been talking of the Virgin Atlantic brand going away. Willie Walsh told the press aboard a London - Seoul flight that that he couldn’t see Delta wanting to operate the Virgin brand. "If they do, what does it say … [Read more...]
The Richard Branson Ice Cube. Oh Dear.
Words almost escape me. I'm sure they'll escape you too when you see these. Images - Virgin Atlantic There is some Virgn PR blurb that goes along the lines of to celebrate the new bars in the A330's, these "Little Richards" will be turning up in your drink in Upper Class soon so “all passengers will be able to enjoy some chill out time with Mr … [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...]
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...]
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...]
Lufthansa sells BMI to… IAG (BA/Iberia)
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...]