Flypuppy
Pup
My " utter tosh" comment was in response to Ric's suggestion below
My source is pretty reliable. I am told that Eastern have submitted a bid and it is being considered by Lufthansa. Story is that Lufthansa are looking for quick injections of cash to offset the massive losses of the bmi group. I dont think they will be able to keep the regional name or branding. Eastern already have EMB-145s don't they?
DLH do not need a quick injection of cash, in fact the cash will probably flow the other way!, its not being sold to Eastern and the new Regional owners will keep the bmi Regional brand for at least 12 months, so yes it seems to me that it was utter tosh.
The only quick injection to date is the sale of slots, DLH have seen a slow down in Europe and will move to protect their balance sheet in various ways this winter.