Well it seems that the Virgin Group are distinctly unhappy at the International Airlines Group takeover of British Midland International, and is to appeal against the European Commission's decision to allow the purchase to go through. Virgin objects in lots of whiny language with Richard Branson said Virgin Group stating: "This deal was agreed with lightning speed and we … [Read more...]
Surprise Surprise. Virgin makes a complaint over the BMI takeover by IAG
Well, if you couldn't see this coming... you need new glasses. Virgin Group today lodged a formal complaint at the European Commission over International Consolidated Airlines Group takeover of British Midland Airways. Virgin group argues there will be a " "choice of one" on flights between Aberdeen and Edinburgh and Heathrow (ignoring the small matter of flights to other … [Read more...]
Virgin puts its money on the table – progressing with “Due Diligence” of BMI
Well it seems Virgin has finally found the guts to put it's money where it's mouth is, and has put a rival bid on the table for British Midlands Airways Ltd (also known as BMI, British Midland International) according to Bloomberg Virgin Atlantic has been granted "due diligence" to create a bid that will trump International Airline Group's (British Airways and Iberia) bid … [Read more...]