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British Airways confirms interest in acquiring bmi

30-Sep-2009 12:43 PM

British Airways CEO, Willie Walsh confirmed the carrier has expressed interest in purchasing bmi, to increase its slots at its base at London Heathrow Airport (Bloomberg, 29-Sep-09). bmi is currently the second largest carrier at the airport after British Airways. Mr Walsh also stated negotiations for a merger with Iberia are continuing, while Chairman, Martin Broughton, stated he expects to know by the end of Oct-2009 whether the deal will be finalised (Dow Jones, 29-Sep-09).