PPRuNe Forums - View Single Post - BMI
Thread: BMI
View Single Post
Old 30th Apr 2009, 07:51
  #1077 (permalink)  
xtypeman
 
Join Date: Sep 2006
Location: Gloucestershire
Age: 66
Posts: 340
Likes: 0
Received 0 Likes on 0 Posts
BMIR and FlyBe

It will depend on the exposure that LH have when the deal is finalised. I believe the price was fixed back in 99 so its a lot less than current!! market value. Dont forget LH have been doing at lot of aquisations recently and the pot could be runing low. If they thought that by disposing of BMIR this would swell the confers they will do it. The value in BMI to sit on is the slots at LHR. I would expect to see BMIR and Baby disposed of and once the economic crunch is over bids for the slots. Dont forget selling a profitable part means less exposure and builds a war chest to keep the rest going.
xtypeman is offline