Branson warning on bmi takeover

AOL Money Staff
Richard Branson
Richard Branson

Vince Bucci/AP/Press Association Images

Some fares could rise and some flights be cut if British Airways' parent company is allowed to take over UK airline bmi, Virgin Atlantic boss Sir Richard Branson has predicted.

The proposed takeover by the International Airlines Group (IAG) would "take British flying back to the dark ages", Sir Richard added.