From Bloomberg:- For the avoidance of doubt, this is being more clearly reported elsewhere as six pairs of slots; and it seems clear that this is for northern winter 2011/2.
Oh dear- this can't be a very good sign for the future of BMI can it. It sounds more like a "let's sell off the pieces and see if we can break even..."
I'd think it would also reduce the likelihood of a LH Virgin acquisition, suggests that LH isn't pursuing a LHR strategy?
That's what I thought, although only six slot pairs must be a small fraction of the slots they have at LHR. It would obviously be more troubling if most or all of their slots were being sold at once.
It would be much more troubling if they were selling all the slots- however given the difficulty in getting slots back in the future, the growth projection for BMI must not be all that positive.
