Virgin "in talks" with Lufthansa over Bmi

10 Dec 2008 by Mark Caswell

Virgin has confirmed it is in talks with Lufthansa over the future of Bmi, according to reports on the BBC news website.

Branson said in a statement that the talks "may or may not lead to an agreement", and added that a tie-up between Virgin and Bmi "would make us a stronger competitor to British Airways than we are today".

The move follows Lufthansa's purchase of a 50 per cent stake in Bmi from Sir Michael Bishop in October, bringing its ownership of the airline to 80 per cent (see online news October 29).

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