UK carrier BMI is on the lookout for airline acquisition opportunities and will “move very quickly” if it sees a potential target, the carrier’s CEO Nigel Turner tells ATI.
Turner says BMI is “out in the market looking at other opportunities” to acquire another airline, following its purchase last year of British Airways franchise partner British Mediterranean (BMed).
“We are interested in acquiring other airlines as they come up,” says Turner. “We got BMed in February 2007 and it was a fantastic purchase. There are other consolidation opportunities that we are actively looking at.”
He does not specify what or where those opportunities may be, but says that “if something comes up in the next month” BMI would be able to “move very quickly”. However, he stresses that “one thing we won’t do is overpay”.