Sunday, 27 September 2009

Flybe enters race for British Midland

REGIONAL airline Flybe has emerged as a dark horse in the race to buy BMI British Midland, the British airline tipped to be sold by Lufthansa.

Flybe, which has expanded rapidly in recent years under Jim French, its chairman and chief executive, is understood to have registered its interest in buying part or all of BMI, including its prized Heathrow operation.

Industry sources think Flybe could emerge as a partner for British Airways, which is also interested in buying BMI, but might fall foul of competition rules because of its large market share at Heathrow.

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