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Lebanese Investors To Take Over Bmed  
User currently offlineZkojh From China, joined Sep 2004, 1722 posts, RR: 1
Posted (7 years 10 months 2 days 12 hours ago) and read 2476 times:

for people saying that BD were going to take them seems the tide has changed.

British Airways franchise operator BMED is close to sealing a deal which will see Lebanese investors effectively take over the carrier and inject £30 million ($59 million) of equity.


more can be read at

http://www.flightglobal.com/articles...e-investors-to-take-over-bmed.html


CZ 787 to AKL can't wait.
1 replies: All unread, jump to last
 
User currently offlineTheginge From United Kingdom, joined Oct 2006, 1132 posts, RR: 0
Reply 1, posted (7 years 10 months 2 days 12 hours ago) and read 2440 times:

I would approach this article with caution as the source is Airline business, which is a Monthly Industry publication, this means that the article could have been written before the period of exclusivity with the Lebanese investors finished and BMI were interested.

The date on it is 01/02/07 which hasn't happend yet so could be in the Airline Business issue that comes out before that date, which would mean it was written before this week.

Should know in the next few days exactly what will happen with BMED.


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