German Lufthansa takes over British BMI

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BMI Aircraft

BMI Aircraft

British airline BMI, Heathrow second -largest airline, will be taken over by German airline Lufthansa.

Lufthansa already owns approximately 30% of BMI shares and now it will buy another 50% from Sir Michael Bishop, the airline’s owner. This deal will bring Lufthansa in close competition with Heathrow’s main airline, which is British Airways. Read More…

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Posted under Business, Deals, International

This post was written by Dana Ciucalau on October 29, 2008

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