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Virgin Atlantic interested in combining with Lufthansa’s BMI

15 September 2011

Richard Branson’s Virgin Atlantic Airways Ltd. joined chief competitor British Airways in saying it’s interested in a deal with BMI, the U.K. carrier that Deutsche Lufthansa AG has indicated may be sold.

“‘We continue to have a close interest in a combination with BMI,’” Virgin Atlantic said in a statement, adding that it currently works with the carrier at London’s Heathrow airport, where the two are among top slot holders after British Airways.

The airline posted a profit in the third quarter of 2010 but had a 120 million-euro ($163 million) operating loss in the first half of this year.

source: Bloomberg

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