No disrespect or criticism intended (am not a top businessman), but in a way LH have been hoist by their own petard. It seems a bit short-sighted to have signed an agreement that forced it to buy Michael Bishop's 50% share of BD (when it owned just 30%) at any time within a ten year period and completely at Bishop's timing and discretion, with no "escape" clauses. It seems a crazy arrangement for any business as no one can tell the future, but in an industry as volatile as aviation......?
Perhaps minds were on other things: slots £££££? They certainly managed to skim off many of BD's slots over the least three years or so. BD was always LHR's second biggest airline with 14% of the slots. Now it's down to about 8% or so.
BTW what happened to SK's 20% ownership of BD?