The European Commission (EC) has given regulatory clearance to the takeover of BMI British Midland by International Airlines Group (IAG). The deal is subject to more concessions than initially proposed by IAG, but will nevertheless go ahead. According to the ruling, IAG will have to give up a total of 14 daily slot pairs at London Heathrow Airport. Seven of them will have to be used between Heathrow and Aberdeen or Edinburgh. Five slot pairs are to be freed up for services to Riyadh, ...


"European Commission Clears IAG’s BMI Acquisition With Concessions" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.