BMI Regional
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| Founded | 14 May 1987 | ||||||
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| Fleet size | 18 | ||||||
| Destinations | 27 | ||||||
| Company slogan | Streamlined for business | ||||||
| Parent company | Airline Investments Limited (AIL) | ||||||
| Headquarters | East Midlands Airport | ||||||
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| Website | bmiregional.com | ||||||
British Midland Regional Limited (trading as bmi regional) is a British regional airline that operates scheduled passenger services across the UK and Europe. The airline's head office is in East Midlands Airport in North West Leicestershire, with its registered office at Glasgow Airport and operations control located at Aberdeen Airport. The airline has operating bases at Aberdeen, Bristol, Chester Hawarden, East Midlands and Newcastle.
BMI Regional is a former subsidiary of British Midland International (BMI), which was purchased from Lufthansa by International Airlines Group (IAG) on 20 April 2012. BMI Regional was sold to Sector Aviation Holdings in May 2012 operating as an independent airline from October 2012. In August 2015, the airline became part of a new regional airline group, Airline Investments Limited (AIL), along with Loganair.
The airline was established in 1987 as Business Air and started operations in August 1987. In 1998 Business Air was purchased by British Midland and became British Midland Commuter. In 2001 it changed its name to bmi regional.
As a subsidiary of BMI, BMI Regional was owned by Sir Michael Bishop (50%), Lufthansa (30%) and Scandinavian Airlines (20%). Lufthansa purchased Sir Michael Bishop and SAS' stakes in October 2009, taking full ownership of the airline group. A restructuring of the group was announced the following month, which also affected BMI Regional's operations. A suspension of loss-making routes and capacity adjustments within the group resulted in BMI Regional having a surplus of three Embraer aircraft in 2010, and the company began consultations with staff over possible job losses. The excess aircraft were leased to other carriers.
BMI Regional was acquired by Sector Aviation Holdings, a company predominantly owned and funded by Stephen and Peter Bond, whose family sold helicopter operator Bond Aviation Group in 2010. Sector Aviation Holdings also included the founders of BMI Regional's predecessor Business Air, Ian Woodley and Graeme Ross. The sale was announced on 1 June 2012.
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