BBC report

Facelookbovvered, I can with confidence say that your reading is wrong. Regional is now and has been from the beginning a separate deal.

Thoughts are with all bmi mainline staff during which will undoubtedly be a very uncertain and unnerving time for them. I hope this deal doesn't turn into a asset stripping exercise with many jobs lost in the process but I am struggling to see differently! :(

I understand that baby is close to sale, but I'm interested in what happens if that sale falls through?

Another fun packed weekend ahead on the bmi thread!
 

It's probably time to start new threads for baby and regional now.

Memo stated that bmibaby would continue into summer 2012 with current fleet and tickets for sale. Spoke with BA crew this morning and their memo stated that ba and bmi would work " together " ??

bmi Regional
 

Might be an idea to separate out from the main BMI thread....

Inky, your wish is my command....

Thanks Flypuppy

Totally agree Baroon--How will they sleep easy at night?

Has there been any further news for Regional since the sale was announced?

Things will remain as Business As Usual until the mechanics of the deal are worked through. It will probably take a couple of weeks before anything will really happen.

At least we've got that out of the way now. If you're a bmi pilot and not in BALPA, time to join!

Ah BAU the mantra of all airlines. Either that or WAWWA (We Are Where We Are)

Cheers

That depends on how many synergies can be leveraged while pushing the envelope and thinking outside the box.

Shall we run that up the flagpole and see who salutes it? It means we will be able to pluck the low hanging fruit :8

This is a share sale where IAG will purchase 100% of bmi.

bmi Regional and bmibaby are at this point in time wholly owned subsidiaries of bmi.

I don't think there are many that aren't to be honest.

Inky that is true but the Regional deal is distinct and separate from the mainline sale. Lufthansa as 100% owner of all the share holdings are able to split those shares as they wish.

IAG will not have any influence on Regional and they have no interest in Baby.

Inkjet, read the memo from WPS.

I suppose "Old Beardie" will start "whinging" but I think he is right to question the overwhelming presence they now have at LHR.
I suggest that many of the BMI staff will now disappear if the deal is confirmed whereas with VS many would probably have stayed.
BD were hardly ever a competitor to BA - no long haul - and VS can't really be described as a significant competitor and now not likely to be because slots won't be available.
Now there are many who don't Branson's style but one has to accept that the fellow has built an airline from scratch despite the significantly criminal behaviour of Marshall & Co.
Anyone in his right mind, faced with such large competition, would be negligent, uncaring of his employees if he did not make strong representations to the competition authorities. The employee relations at VS is very good - more than can be said for BA's
I feel for the BMI team - they will be shafted - but hey all in the name of monopoly eh

did virgin back in July look like it was about to go on strike?

fr-