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bmi issues fresh warning over losses

8-Oct-2010 12:52 PM

bmi British Midland has warned of continuing doubts over its ability to continue operating as it announced its pre-tax losses widened to GBP198 million in 2009 from GBP181 million in 2008 (Financial Times/Airwise/UK-Airport-News, 07-Oct-2010). bmi stated that parent Lufthansa had agreed to provide a further GBP60 million in operational funding until the end of 2011.