I have always said WW has only wanted the slots, read his lips. Anyone looking for a quick ticket to BA is in cuckoo land.
It now seems they are exercising the "Break-Up" option as it's the only option left to them, nobody has wanted to buy BMI now or in the past. It's almost unbelievable the blinder SMB pulled on Lufty and they are really hurting and have been for years. The interim investors report gives no clue as to what they are up to;
http://investor-relations.lufthansa....R-2011-2-e.pdf
Absolutley WW holds all the cards, he can play the waiting game, he is now getting the wheat without the chaff at a pace he can handle.
How quickly this will progress is anybody's guess - a slow death surely awaits. It will be really interesting to here what any "announcements" have to say, silence is their easy option.