Lufthansa’s Majority Control of BMI Could Tip Heathrow Power Balance
Credit: KEITH GASKELL
The creation of a second large hub-and-spoke carrier based at London’s Heathrow Airport is becoming more realistic after BMI’s majority shareholder, Michael Bishop, exercised a put option to sell his stake to Lufthansa. Bishop’s departure could be the first step toward a long-discussed merger of BMI...
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