Virgin Atlantic considers acquisitions, bmi in sights
Virgin Atlantic CEO, Steve Ridgway, stated the carrier is open to acquisition opportunities and acquisitions could be on the carrier's agenda, including bmi (Travel Trade Gazette, 20-Sep-2010). Mr Ridgway confirmed Virgin Atlantic plans to grow, included acquiring slots at London Heathrow and putting the A380 and B787 into service.
Virgin Atlantic: “There is a logic in buying bmi, which is now part of Lufthansa. But there are other opportunities and we are very aware that the industry is consolidating fast,” Steve Ridgway, CEO. Source: Travel Trade Gazette, 20-Sep-2010.