Pursuits

Lufthansa in Talks to Sell Bmibaby Unit to Intro of Germany

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Deutsche Lufthansa AG is in talks to sell the discount division of its British BMI subsidiary to German turnaround specialist Intro Aviation GmbH, Intro Chief Executive Officer Peter Oncken said in an interview.

“We have expressed our interest and the whole procedure is now beginning,” Oncken said by telephone. “The books are being opened and we are looking at the business in detail. We will see if it can be restructured.”