It seems to me tha Lufty agreed this deal when the times were a great deal rosier than they are at the moment. Correct?
It also seems to me that todays deal was initiated by Sir Michael. ie it was more a case of him wanting 'out' as opposed to LH wanting 'in'. Still correct???
IF this is a deal that Lufty 'have' to do, rather than 'want' to do- well, hey! a deals a deal and LH would never welch on it but what will they do with BMI?
I mean, are they really into it in a big way- or are they justgoing to asset strip it to death in the hope of a quick buck and just keep the juicy bits for themselves- as they now have every right to?
Ruthless things, airlines.
