It has been common knowledge for years that the ONLY value of the bmi operation is the slots it holds at LHR.
Sir Richard is a shrewd businessman, and would only be interested in aquiring the slots (obviously). The business itself is a complete mess.
I feel very sorry for the many superb people who work for this 'outfit' who may suffer if it comes to a sticky end. The question is - how has such a valuable asset as the Heathrow slots been p*****d-up against the wall by the bmi management? It is quite an achievement, even by thier own standards.
P.S. Where is ACBUS1? I agree with everything he has to say on this matter - even though he hasn't posted yet. Where are ya' buddy?