BMI REPORTS PASSENGER LOSSES

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By TESTCustomwebLP TESTCustomwebLP August 1, 2011 08:23

BMI REPORTS PASSENGER LOSSES

BMI British Midland has recorded a total operating loss of £105m for the first half of 2011 – a 29% decline on the first six months of 2010.

In a statement, the company said: “In the light of the ongoing difficulties in British Midland’s key markets, an improvement on last year’s operating result looks unlikely at present.”

BMI, led by chief executive Wolfgang Prock-Schauer, said it will cut routes including Glasgow, and exchange them for business destinations such as Norwegian oil centres of Stavanger and Bergen.

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By TESTCustomwebLP TESTCustomwebLP August 1, 2011 08:23
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