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Lufthansa warns bmi to no increase its share

Frankfurt, Germany - The statement by the financial officer Stephan Gemkow

On May 15th the European Commission gave the go-ahead to the plan by Deutsche Lufthansa to buy U.K.'s British Midland Airways, or bmi (see AVIONEWS for more details), but today the German carrier could drop plans to take over British airline BMI unless BMI's main shareholder puts more cash into the struggling company, the "Financial Times" reported. Lufthansa, which already holds 30% of British...

AVIONEWS - World Aeronautical Press Agency - 1104756
Rome, Italy, 05/20/2009 12:56
AVIONEWS - World Aeronautical Press Agency

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