Jobs at Risk As Bmi Buyer Plans 'Urgent Restructuring' of Airline

Derby Evening Telegraph › December 23, 2011

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Summary

HUNDREDS of staff at Castle Donington airline BMI are facing an uncertain future after being told jobs will be axed if a deal to buy the business goes through.

Yesterday, it was announced that International Airlines Group, the owner of British Airways, had agreed a binding deal to buy BMI from Lufthansa for Pounds 172.5 million.

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Extract

Jobs at Risk As Bmi Buyer Plans 'Urgent Restructuring' of Airline

IAG chief executive Willie Walsh said that jobs would have to be axed at the troubled airline, which reported losses of Pounds 105 million in th...

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