BA owner agrees to buy airline BMI

Press Association
BMI planes
BMI planes

The owner of British Airways has agreed to buy troubled airline BMI in a move which will increase its hold on the takeover and landing slots at Heathrow airport.

International Airlines Group (IAG), which also owns Spanish Carrier Iberia, has bought the airline from German carrier Lufthansa in a deal which has infuriated rivals such as Sir Richard Branson's Virgin Atlantic.