BMI Expects Medium-Haul Profits To Balance Drop In Income

Britain’s BMI is looking to its medium-haul network for profit growth following a year when the company’s pre-tax income fell almost 50%. This sector, buoyed by BMI’s February 2007 purchase of BMED from British Airways, helped the airline post a 12.9% rise in its 2008 revenue to GBP1.02 billion ($2...

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