Archive for May 17th, 2009

Lufthansa’s bmi takeover drama continues

Posted by admin on May 17, 2009

photo by Ingy The Wingy
Although the takeover of British carrier bmi (formerly known as British Midland Airways) by German airline Lufthansa was approved on Thursday by European Union antitrust authorities, the German newspaper Suddeutsche Zeitung yesterday reported that Lufthansa is backing out of the deal, apparently after taking a closer look at bmi’s rather precarious [...]