BMI jobs at risk in British Airways deal

Link to the article Channel 4

BMI jobs could be on the line as the owner of British Airways agrees to buy the troubled airline for £172.5m, in a move that will boost BA's stranglehold on Heathrow.

International Airlines Group (IAG), which also owns Spanish carrier Iberia, will acquire up to 56 additional taking off and landing slots at Britain's biggest airport once it acquires loss-making BMI from German operator Lufthansa.

Willie Walsh, IAG chief executive, warned BMI job losses were on the horizon as the new owner will restructure the business after the deal is completed. IAG hopes it will go through in the first three months of next year, subject to regulatory approval.