The Lufthansa - BMI Agreement

Uploaded by : Essays-Now.com

Twenty pages presenting details and discussing the problems of Lufthansa's takeover of BMI British Midland in 2009. The decade-old contract was poorly written and did not protect the interests of either party, but it remained binding. Lufthansa and BMI's owner Sir Michael Bishop agreed on a payment £100m less than the contracted amount. 19 sources.