Virgin Atlantic Signs for Scupper IAG-bmi deal
BreakingTravelNews declares online, “Virgin Atlantic moves to scupper IAG-bmi deal”
Finally, Virgin Atlantic confirmed regarding an official complaint with the European Commission is an action to stop the invasion bmi by British Airways.
To obtain the airline for £170 million in quarter 2011; International Airline Group-owned British Airways signed a contractual agreement with Lufthansa.
On the other hand, Virgin Atlantic has criticized the contract would decrease antagonism and afterward boost flight rates for travelers.
If the contract is permitted to situate, Virgin Atlantic quarrels, BA would manage a practical domination between London Heathrow and Aberdeen, Edinburgh and Manchester airports.
Virgin Group president Richard Branson said in a statement earlier that, “When British Airways was left the only operator on the Glasgow to Heathrow route in 2011, fares paid by Scottish travelers rocketed by 34% in 6months.” Also, Virgin group possesses a high stake in Virgin Atlantic and also it has been a part of the bidding for bmi preceding Lufthansa selected BA.