Dr. Ashley Steel, KPMG’s global head of transport comments on IAG’s agreement to buy Lufthansa-owned Bmi:
“IAG’s agreement in principle to buy Lufthansa-owned Bmi is excellent news for UK business and the economy.”
“Heathrow is lagging its competitors Frankfurt, where a fourth runway has just opened, and Paris, on availability of slots for routes to growing Asian and Latin American cities.”
“Converting Bmi’s short haul European slots to much needed Asian and Latin American routes will be a boost to business travellers and to British Airways which has been slot constrained at Heathrow given Government’s restrictions on runway growth.”
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