Bmi Regional sold by British Airways group for £8m
11 May 2012International Airlines Group, the parent group of British Airways, claims to have secured around 330 jobs after announcing a buyer for bmi Regional, the Aberdeen-based subsidiary of the airline it recently acquired.
IAG said it has signed a binding agreement to sell bmi Regional to a Scottish consortium, Sector Aviation Holdings, for £8m. The sale includes all bmi Regional’s fixed assets and long-term liabilities, including owned and operating lease aircraft. Bmi Regional operates scheduled services from seven English and Scottish airports as well as a handful of northern European destinations.
source: Guardian.co.uk
