My Account Menu

CAPA Login


Register to trial CAPA Membership!

IAG confirms interest in bmi

13-Sep-2011 11:32 AM

International Consolidated Airlines Group (IAG) confirmed it is interested in bmi’s slots at London Heathrow International Airport, but stated there is no “imminent” action from its side with regard to a possible sale of the carrier by Lufthansa , according to a Reuters report. Earlier this week, media reports indicated Lufthansa had appointed Morgan Stanley and other banks to review options for the carrier, including a potential sale, strategic partner or continued turnaround effort. IAG stated in early Sep-2011 it “would be interested” in acquiring bmi if it were offered for sale, according to Bloomberg.

Virgin Atlantic has meanwhile confirmed it has a “close interest in a combination with bmi” and an alliance between the two airlines would be a complimentary relationship.