The European Commission on Friday cleared British Airways parent International Airlines Group to acquire British Midland (BMI) on the
condition that it relinquish 14 daily London Heathrow slot pairs "in order
to facilitate new entry." IAG also must make good on a "commitment to
carry connecting passengers to feed the long-haul flights of competing airlines
out of London Heathrow," according to the EC decision. IAG in November
announced an agreement to acquire BMI from Lufthansa.
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Lufthansa and its Germanwings subsidiary canceled "approximately 3,800 flights" scheduled for Wednesday, Thursday and Friday,... read more »