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Bmi merges frequent flyer scheme

2 July 2010

Airline bmi British Midland is to merge its frequent flyer scheme, Diamond Club, with the Miles & More programme of new owner, Lufthansa.

It follows the integration of Miles & More with other Lufthansa subsidiaries including Brussels Airlines, Swiss and Austrian Airlines.

Lufthansa took control of bmi in 2009 after Sir Michael Bishop, the former chairman, exercised an option to sell his controlling stake at a pre-agreed price.

The German airline considered a sale of bmi but it did not attract a sufficiently high price from any interested buyers so began a restructuring scheme.

source: Telegraph.co.uk