Lufthansa Group (LH) in April completed the sale of British Midland International (bmi) to British Airways (BA) owner International Airlines Group (IAG). LH Group said the gross purchase price was £172.5 million ($278 million).BA said it will cut up to 1,200 jobs as it absorbs bmi's mainline operations. According to an IAG statement, bmi mainline will be integrated into BA and consultation has begun with bmi mainline staff and their trade unions.
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