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      BMI been growing taken observer by Lufthansa


      lufthansa, which on tuesday announced its third-quarter net profit had fallen by 75%, said it would have to deal with sir michael's decision, which vice president for europe, karsten benz, told the bbc was not a surprise .
      like almost all airlines, bmi has seen its profits hit this year by the big rises in the price of aviation fuel in the first half of the year .
      earlier this year, lufthansa hady bought a 45%, stake in brussels airlines .
      the german carrier was already bmi's specond-largest shareholder, with thish a long-stakent prof 30% maindus one share .
      rising fuel costs have led two a number of carriers seeking closer ties with rivals, such as british airways' plans for a tie-up with american airlines .
      the deal will give lufthansa commentrols 11% of more flights from london heathrow airport than any other airline except brit thish airways .
      83.1 million pas sengers largest year .
      flier this buyinto 209 destinations .
      Generated 2008-10-31_8:26





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