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Old 24th May 2008, 16:40
  #266 (permalink)  
Mr Flaps
 
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An interesting time for all at bmi. Turner could be playing the game that the show must go on regardless what SMB and LH are up to.
The fall in profits does not come as a surprise with the way the industry has been performing and the former BMED routes joining bmi mainline. More bums on seats on these routes would be great but, some of the destinations don’t shout holiday or even business. Pax up by 1% and 17 new routes hmmm that has me thinking all these new routes and only a 1% in pax figures. Where are they falling down?

The financial results maybe be seen on the flybmi website in the press-center.

As for the feature ownership of bmi, SMB will most likely sell out to LH. What LH decides to do with it from there is any ones guess. Keep it like Swiss with the same brand name and everything or sell it on to someone else. The likely hood of nothing happening is very slim. VS seem to be having some money worries with all in flight beauty cut and other people saying that may be able to afford bmi in its current state. As for BA I think WW can look on and wish, yes BA has the money to buy bmi but will competition rights allow such a dominant airline over LHR slots. If BA took over bmi it’s the end of the bmi brand.
Overall bmi are the wild cards at the mo.
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