Erwin,
sadly your understanding of business is not all that it might be. The simplistic and somewhat naive model that you seem to believe in is not in any way accurate.
The sale of BMI was conditional on several things, one of which was that IAG would not take on the pension liability for the BMI group and that Lufty would keep this fiscal responsibility. If this condition had not been made BMI would not have been bought and right now they would being wound up. No-one from BMI would have jobs let alone staff travel entitlements. Think BMI baby but for the whole BMI group.
The vile behaviour of Lufty in abandoning it's responsibility to the BMI pensioners is worthy of censure, trying to somehow blame IAG for Lufty's sharp practices is hard to comprehend
Last edited by Juan Tugoh; 16th Jul 2012 at 10:32.