Lufthansa may have to break up BMI to sell it

10/18/2011 | Reuters

Lufthansa Group may have to break up its BMI subsidiary to sell off the struggling carrier, this feature notes. BMI comprises a traditional airline, BMI regional and BMIbaby. "Whoever buys it will almost certainly want to keep BMI's [Heathrow] slots and sell the rest of the business, because it will cost millions ... to turn it back into a profitable airline," said market analyst Stephen Furlong.

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