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Lufthansa to sell bmibaby
January 23rd, 2012 by elisa

Lufthansa is to sell another of its budget carriers (last year IAG agreed a binding purchase of BMI), this time bmibaby. Lufthansa has started talks to sell the carrier to German turnaround specialist Intro Aviation, according to a report on Bloomberg.com, the chief executive, Peter Oncken, is looking at the business in detail.

Lufthansa confirmed talks were ongoing “with several interested parties”. It’s been agreed that IAG will get a discount on the agreed purchase price for BMI if Lufthansa fails to offload bmibaby.

 


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