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Lufthansa may sell its share in Bmi

London , United Kingdom - In order to escape a clause which could force the carrier to buy a further stake which value seems to be USD431 million

German flag airline Lufthansa hopes to sell its shake in the British carrier Bmi so as to avoid a clause which could force it to buy a further stake which value seems to be USD431m: British press revealed. It seems that Lufthansa approached both British Airways and Virgin Atlantic to sell its 30 percent in Bmi. According to the terms of a deal signed in 1999 with Bmi chairman Michael Bishop, the German...

AVIONEWS - World Aeronautical Press Agency - 112873
Rome, Italy, 01/26/2005 12:55
AVIONEWS - World Aeronautical Press Agency

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