Stefan Lauer doesn't seem too happy with the bmi group. If you read Dutch this is interesting:
luchtvaartnieuws
Rough translation :
"Lufthansa will sell off loss-making subsidiary bmi'
FRANKFURT - The Lufthansa Group are looking at the possibility of selling their British subsidiary British Midland (bmi). German media report that based on various statements by chairman of bmi's board Stefan Lauer. Lufthansa have since 2009, been the one hundred percent owner of bmi.
Bmi has especially suffered from the weak situation in the UK aviation market. In addition, the political unrest in North Africa has been a major setback for the airline. In the first half of 2011 it reported an operating loss of 120 million euros.
According to Lauer the BMI business model does not correspond to the other companies within the Lufthansa Group. If an sale is proposed that is best for the future of bmi, Lufthansa will consider the offer, says Lauer. A final decision has not yet been taken.
Much of the value of bmi is in the precious slots at Heathrow, which the company owns.
From our editorial staff