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Bmi has gone a long way to achieving its aim of expanding into longer sectors with the acquisition of British Airways franchise BMED for £30 million ($58 million) in early February.
The purchase, which was paid for in cash, came ]ust weeks after a deal with Lebanon's Ml Group foundered at the last hurdle. Bmi had made known its interest in its fellow London Heathrowbased carrier before Ml entered...