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BMed

Old 1st Feb 2007, 13:33
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so, was an announcement made yesterday?
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Old 1st Feb 2007, 19:41
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So what is the latest with BMED re they being bought by BMI ?
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Old 1st Feb 2007, 19:54
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Bmed have One week

A source from BMED txt me earlier, BMI, have not signed the contracts within the given time frame. Bmed has Warned if the contracts are not signed within 1 week, Bmed are bust!

Sad news, good luck to all.
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Old 1st Feb 2007, 21:27
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Originally Posted by atmosphere View Post
A source from BMED txt me earlier, BMI, have not signed the contracts within the given time frame. Bmed has Warned if the contracts are not signed within 1 week, Bmed are bust!

Sad news, good luck to all.

As soon to be bmi Cabin Crew I wish Bmed Crew all best wishes and I hope very much Bmi can come through for you guys I travelled with Bmed once and had great service.

Fingers Crossed,

Crewboy
 
Old 1st Feb 2007, 23:23
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Thanks, crewboy!
If what was said above is right - we gonna need everything crossed...
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Old 2nd Feb 2007, 09:32
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Hi all,
Been "surfing the web" . Now if you think we have it bad, see these sights

www.workrant.com and www.fthisjob.com

Enjoy
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Old 2nd Feb 2007, 14:05
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Don't worry all is well: (in as much as the jobs are secure, but not sure about what the job will become like)

Dear Colleague



You will be aware from press comment and from briefings that we have been in talks with another airline with a view to their acquiring BMED. I am writing to you to bring you up to date with progress on these talks and to deal with some of the current rumours.



Confidentiality requirements have meant that I have not until now been in a position to confirm the identity of the airline. However we have now communicated to our shareholders that the airline in question is British Midland. We anticipate that the General Meeting of the BMED shareholders will happen today (Friday) in London, and that the shareholders will vote in favour of the sale.



I know that many of you have been concerned by the fast moving pace of events in the last few days and are worried about what the future may hold. There is also a natural sadness that, as a result of the proposed sale, BMED’s independence will come to an end.



The first thing to say is that we should all be very proud of what BMED has achieved over the last 12 years. To grow as we have done from one aircraft to eight and from one destination to 16 is a fantastic achievement built on the hard work and commitment to passenger service that has always been our hallmark. We have set a standard to which others aspire, widely recognised by the industry, our franchise partner and, most importantly, by our passengers.



In our industry change is inevitable. Naturally there are concerns, but there are also new opportunities and new challenges. I am certain that being part of a larger airline will enable us to widen our horizons and develop in directions that have been difficult in the past. In many ways British Midland’s history mirrors our own pioneering approach and I am sure that, although there will be different ways of doing things, we will have the opportunity to develop and prosper with our new owners.



Finally, can I thank all of you for your continued commitment over recent weeks. This has been a difficult period for everyone, but I believe we can now begin to move forward, proud of what we have achieved in the past, but confident in the opportunities that the future will bring.



Regards

David
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Old 2nd Feb 2007, 14:39
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I think David had better watch out, it's bmi not British Midland son.
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Old 2nd Feb 2007, 16:32
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buy out complete!

bmi signed this afternoon, the franchise will continue until end of summer 07 timetable - ie october ish! Now own 99% of BMED.

All bmed non-exec directors have resigned, David Richardson will report to Nigel Turner.

Welcome to the flock!! all you BMED peeps!
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Old 2nd Feb 2007, 16:34
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Does anyone know what the BA staff travel situation with BMED is right now, i was hoping to go to Almaty in the summer with BMED
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Old 2nd Feb 2007, 16:52
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bmi internal memo
Dear Colleague
We have today announced that the bmi group holding company British Midland plc has acquired control of the Heathrow-based airline British Mediterranean (BMED). Our holding company has subscribed to new shares in BMED which will effectively give bmi a 99 percent controlling stake in the airline. In due course we plan to buy out the remaining minority shareholders.
All existing non-executive directors of BMED have today resigned their positions and I have joined their board along with Sir Michael and Tim Bye. David Richardson, chief executive of BMED will retain his position and report directly to me.
We are extremely pleased with the arrangements we have been able to agree with the current board of BMED and the majority shareholders. We have been aware for some time of the opportunity that existed at BMED but have only recently been in a position to enter into a meaningful dialogue with them.
Bringing BMED into the bmi group offers tremendous opportunities for the growth and development of our businesses. It places BMED in our family of airlines where we have a significant presence and standing in a wide range of markets. We will be creating an operation with a turnover in excess of £1 billion a year. It also enables the bmi group to accelerate its strategy of expansion into the medium-haul markets of BMED. They operate to 17 destinations in 16 countries and there is no overlap with any of our own current routes. Many of the BMED destinations have restricted access to the market due to existing bi-lateral agreements that would have taken us a considerable amount of time to gain access to. There are also a number of clear business synergies between our two organisations. Like bmi, BMED is an established Heathrow-based carrier also operating Airbus A320 and A321 aircraft with IAE engines and, like our own medium-haul product, they have a two class cabin. Improved network opportunities will also exist through our respective Heathrow operations.
The opportunity for us to expand the bmi group in this way is yet again a clear vote of confidence by the shareholders and their commitment to grow our business. BMED is a first class airline whose staff have worked hard on developing an extensive route network and a reputation for delivering an excellent product and service. I look forward to working with them to rebuild their business after some difficult times over the past few months. We have already reached an agreement with British Airways that will see the franchise agreement and any other commercial agreements that exist with BMED continuing for a transitionary period until the end of the Summer 2007 timetable.
In the short term we plan for the business to continue to operate as it does today with no immediate changes to network or structure. A comprehensive review of the business will take place over the next 30 days. For those of you not too familiar with BMED here are some interesting facts about them:
• Formally known as British Mediterranean, BMED was established as a limited company in 1994 by a group of private investors
• BMED has operated as an independent franchise partner of British Airways since 1997
• BMED flies under the British Airways brand and utilises British Airways livery and flight codes. BA is the worldwide sales agent for BMED
• BMED has a fleet of three Airbus A320 and five Airbus A321 Aircraft
• The airline flies to 17 destinations in 16 countries throughout Africa, the Middle East and Central Asia and has 770 employees
We start the year off with more exciting news about the bmi group and I am sure you would wish to join me in giving BMED and their staff a warm welcome into the bmi group of airlines.
Kind regards
Nigel
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Old 2nd Feb 2007, 19:21
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BMED

As someone who has been at BMED for 10 years I welcome the move by BMI. I just wish that ALL my colleagues at BMED rather than just 99% were a little more positive.

BMED has much to offer, much to learn and this is almost certainly a win-win for all of us. New routes, better slots, more jobs, expansion, more experience ...

Thanks to BMI, and the people there that have welcomed us so far.
Cheers!

ps See you all in FNA, BEY, AMM, DAM, ALP, DKR, KRT, ADD, GYD, EVN, TBS, THR, ALA, FRU, ESB, HBE, SVX .....

As for BA - good riddance, crap handling, crap marketing, they missed out and have just lost 17 routes, 17 points of transfer traffic, £x million in franchise fees .... bye!!!!! We will just let you get on with your strikes! R

Roll on full-BMI at the end of the summer!
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Old 2nd Feb 2007, 19:23
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For someone who is new to this world of aviation and soon to be first time Cabin Crew with Bmi, what will happen to Bmi and Bmed Cabin Crew, will we all work the new routes(for Bmi) or will Bmed Crew remain doing them?

Forgive my ignorance as I said am new to aviation and have a lot to learn.

Thanks in advance.

Ps Congrats to Bmed crew, your jobs are saved, brilliant
 
Old 2nd Feb 2007, 19:31
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....but 10year......

............I think you are a bit ungrateful to BA. Do you really think you would have been working for BMED 10 years if it wasn't for the franchise? Dont think so, BMED would have died years ago!

Hmmmm, nice BMI uniform to look forward to instead of BA NOT!
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Old 2nd Feb 2007, 19:34
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Dont forget BMI are getting new uniforms ....
And yes - it wasnt that long ago that BA was sitting around in deck-chair uniforms - so things move on - so should we.
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Old 2nd Feb 2007, 19:36
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As someone who has been at BMED for 10 years I welcome the move by BMI. I just wish that ALL my colleagues at BMED rather than just 99% were a little more positive.

BMED has much to offer, much to learn and this is almost certainly a win-win for all of us. New routes, better slots, more jobs, expansion, more experience ...

Thanks to BMI, and the people there that have welcomed us so far.
Cheers!



As for BA - good riddance, crap handling, crap marketing, they missed out and have just lost 17 routes, 17 points of transfer traffic, £x million in franchise fees .... bye!!!!! Not to mention the £8 that will come off your bottom line from lost fees we have paid for engineering and handling - wonder if that will affect the BA job count!

Roll on full-BMI at the end of the summer! I for one cant wait - a positive thing for us all

ps See you all in FNA, BEY, AMM, DAM, ALP, DKR, KRT, ADD, GYD, EVN, TBS, THR, ALA, FRU, ESB, HBE, SVX .....
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Old 2nd Feb 2007, 19:38
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ALA

Franchise continues till end of summer ... would love to see you in ALA (Almaty) - hope we can "look after you" ... Our crew are a great bunch, the ground staff in ALA will do you/us proud.
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Old 2nd Feb 2007, 20:23
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Ok BMED, we get the point - you don't really like the way Daddy handled the franchise.....that's life, no need to get bitter! A lot of ex-BMED peeps came over and are very happy in mainline...

Good luck to everyone going on to BMI just bear in mind this airline's management don't know their ____ from their elbow!!
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Old 2nd Feb 2007, 22:03
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hello BMED

To all BMED crew

I would like to welcome you all to the bmi group.
We are all looking forward to flying with you in thr near future.
Im sure we will get on well.

Life does not revolve around the uniform.............. it's the people who wear the uniform who matter!
No airline is going to be the best, how ever im sure this may be the best move for the the two airlines. I hope that we can all work together to make a more profitable and rewarding business so that we can keep our jobs!!!

WELCOME BMED
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Old 2nd Feb 2007, 23:08
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ha

Strange - most hate it from what we hear ... and would come back tomorrow ... shame they cant - you dont deserve them!
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