The German carrier, Lufthansa, has made the purchase of the final 20 per cent stake of the British airline, BMI. This latest piece of news is sure to send British Airways and Virgin Atlantic into a bidding frenzy for the airline. Both airlines are said to be interested in BMI and not just for their [...]

More than £7 million has been raised by Sir Stelios Haji-Ioannou after the EasyJet founder used two million of his own shares as collateral for a loan. The low-cost airline is seemingly withstanding the pressures put onto the aviation industry during the economical meltdown that is affecting the number of people travelling. Stelios used shares [...]