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Entrepreneurs to be retained by bMI Regional after £8 million sale

Ian Woodley BMI Regional head of Frank Mertens that is marketing will keep his position pursuing modern day completion of the £8m sale of the airline to Industry Aviation Holdings, who say no redundancies are planned by British Airways.

Sector Aviation Holdings is really a consortium of businessmen that IAG has previously referred to as having " aviation knowledge".

SAH explained the Regional airline is going to be managing "business as usual", while brain of marketing Frank Mertens can proceed in his position preserving its company identity within the selling. SAH claimed there will be no job losses at the airline included in the purchase, preserving its 330 staff.

Ian Woodley BMI Regional, who co-established flight Company Atmosphere and bought it will end up leader of BMI Regional.

He explained: " that uncertainty eliminated and It’s greatly our aim to acquire the circle in both UK and with the future currently guaranteed, we could lookahead with full confidence."

The offer that is £8m contains each of BMI Regional’s fixed resources and long-term including owned, obligations and operating lease plane.

IAG was forced to defend myself against decline-generating BMI Regional and BMI’s subsidiary airlines bmi baby within its £172.5m takeover of BMI, after former owner Lufthansa failed to look for a consumer. IAG has since announced that bmi baby is likely to be seated by September.

BMI Regional is based in Aberdeen and travels to 14 spots from UK airports.

SAH is financed by Stephen Bond, who are likewise shareholders in Loganair.