bmi takeover: 1200 jobs at risk

British Airways' takeover of bmi could result in 1,200 redundancies.

Jobs facing the axe are at bmi's head office at Castle Donington in Leicestershire and at regional airports.

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BA's parent company to give-up Heathrow slots after bmi takeover

International Airlines Group (IAG) - the parent company of British Airways - will be forced to give up a number of take-off and landing slots from Heathrow, as part of the bmi takeover. Routes to Nice, Cairo, Moscow and Edinburgh will be affected.

On gaining EC approval for the deal, IAG chief executive Willie Walsh said it was "great news for Britain" and also for British business and consumers.

The takeover has been bitterly opposed by Sir Richard Branson's airline, Virgin Atlantic, which has complained that the deal gives BA an over-strong presence at Heathrow.

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