BMI lost €145m in 2010
21.03.11
Lufthansa-owned British Midland International (BMI) made an operating loss of €145 million in 2010. The figure was revealed in the Lufthansa Group’s annual results released late last week.
Lufthansa Group said BMI is ‘implementing restructuring measures’. The airline group made a net profit of €1.1 billion last year, with Christoph Franz, Lufthansa’s CEO, saying the profits were mainly due to a rise in international traffic, as well as cost reduction measures.
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