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-   -   BA saves BMI by buying it (https://www.thisisbigbrother.com/forums/showthread.php?t=193197)

arista 22-12-2011 07:36 PM
BA saves BMI by buying it
 
IAG/British Airways has bought BMI Airways


http://www.guardian.co.uk/business/2...virgin-buy-bmi



Branson of Virgin is Very Angry - Tough Luck

They picked BA.


Jobs will go
but not all them.
And BMI would have folded.

Pyramid* 22-12-2011 07:42 PM
I'm kinda on Branson's side with this one - It means BA does have an monopoly at Heathrow - and less competition is not good for the punter.

Quote:
Once the deal is completed, IAG's share of take-off and landing slots at Heathrow will rise from 45% to 53%, consolidating its position as the airport's most powerful carrier. Branson, Virgin Atlantic's co-owner and founder, urged competition authorities to block the deal

arista 22-12-2011 07:44 PM
Sure

But Thats Life.

Pyramid* 22-12-2011 07:58 PM
Quote:
Originally Posted by arista (Post 4829388)
Sure

But Thats Life.
It is - but it's not healthy for consumerism - the paying customer is the one who always loses out when it comes to monopolies. That's the bad news.


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