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Lufthansa set to sell BMI

10 September 2011

German flag carrier Lufthansa plans to sell some or all of its loss-making unit British Midland (BMI), board member Stefan Lauer said today.

Lauer said that Lufthansa however intended to hold onto Austrian Airlines (AUA) despite it too being a drag on company profits.

BMI lost €120m in the first six months of the year.

source: rte.ie

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