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BRITISH MIDLAND TO TURN INTO A LOW-COST AIRLINE

LONDON, British Midland is to start a restructuring plan to turn itself into a low-cost carrier. "We are restructuring the airline into a low-cost business. We know our costs are too high and we are looking at our costs to see how they can be reduced", said a spokeperson for the airline. British Midland's ceo, Austin Reid, is expected to outline the new plans tomorrow in a conference at the Institute...

AVIONEWS - World Aeronautical Press Agency - 19871

AVIONEWS - World Aeronautical Press Agency
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