Monday 15 September 2008

BMI's no comment on merger rumour

Entry through a merger

BMI's no comment on merger rumour
UK airline BMI has declined to comment on newspaper speculation that it has been approached by Abu Dhabi carrier Etihad over a possible merger.
Etihad first went to BMI in the summer over a potential deal which values BMI at £600m, the Sunday Times reported.

Read the whole article: http://news.bbc.co.uk/1/hi/business/7615507.stm

GKN buys Airbus plant for £136m

Stronger links for the UK economy with Airbus

GKN buys Airbus plant for £136m
Part of the Airbus factory in south Gloucestershire is being sold to engineering company GKN for £136m.
The firm is to buy the manufacturing operation at the Filton site, which makes wing components for Airbus.

Read the whole article at: http://news.bbc.co.uk/1/hi/england/bristol/7616110.stm