Posts Tagged ‘ bmibaby ’

Airline Changes Come Fast

Oct 29th, 2008 | By

Developments have been announced quickly this morning.Firstly the Icelandic backed Sterling Airways which linked Gatwick with Billund, Copengagen & Stockholm said that it would file for bankruptcy. Although they have looked for buyer, no company has come forward.Unlike BMI ( who also own bmibaby) who have announced that they have been sold to Lufthansa. The Chairman of the company, Sir Michael Bishop, owned 50% of the company plus one share with Lufthansa owning 30% and SAS 20%. Now Lufthansa will have 80% and, more importantly,
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