Owners of British Airways buy BMI

Uncertainty over the future of low-fare carrier bmibaby continues after the owner of British Airways completed its deal to buy BMI.

International Airlines Group (IAG), which owns BA and Iberia, will take on bmibaby and BMI Regional as part of its purchase agreement with Lufthansa but does not intend to keep the two businesses.

Announcing the completion of its purchase of loss-making BMI, IAG said it will run bmibaby and BMI Regional in the short-term while it looks at ways to exit the businesses.