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Posts Tagged "Sector Aviation"

IAG sells Loss-making BMI Regional for £8M

Airlines

IAG sells Loss-making BMI Regional for £8M

International Airlines Group (IAG) have signed a binding agreement with Sector Aviation Holdings to sell loss-making BMI Regional for £8 million. The binding agreement covers all fixed assets and ‘long-term liabilities’ for the subsidiary including all aircraft both owned and leased. Once final approval of the transaction is completed by the Civil Aviation Authority (CAA),…

1:00 pm | May 10th, 2012

Tags:   Source:  Financial-News.co.uk