Richard Branson to fight ‘harmful’ British Airways takeover of BMI

Richard Branson to fight ‘harmful’ British Airways takeover of BMI

Metro – Virgin Atlantic is to fight a decision to allow the owner of British Airways to take over BMI. Virgin is set to fight the BA takeover of BMI (Picture: PA) Virgin president Sir Richard Branson said he would appeal the deal because it will cause serious competitive harm at Heathrow and give International Airlines Group total market dominance. He said: We will challenge every aspect of this process which, if allowed to stand, will undoubtedly damage the British airline industry for years to come. The £172.5million takeover was approved by the European Commission, just 35 days after the bid …

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