Virgin Atlantic says it will challenge every aspect of a proposed bmi takeover by British Airways parent company, International Airlines Group, claiming the move would hurt airline competition.
The airlines head Sir Richard Branson said in a company statement that it had planned an appeal against the possible takeover that he believes will cause serious competitive harm at Heathrow, Nine News reported.
"Sir Richard Branson's airline Virgin Atlantic today announced that it will appeal the European Commission's decision to pass IAG's takeover of bmi after waving through the deal in just 35 working days," the company said.
"The airline believes the deal will cause serious competitive harm at Heathrow, placing British Airways in a position of total market dominance at the world's busiest airport and completely eroding consumer choice."
Mr Branson stressed his position against the takeover, starting that the airline was planning to challenge every aspect of the proposal.
"The European Commission has seemingly ignored all of the strong cases made by politicians, business groups and airlines to enable one big company to become even more bloated, he added.
IAG earlier revealed its interest in a bmi takeover is to buy the airlines current takeoff and landing slots at the popular Heathrow Airport.
Source = e-Travel Blackboard: N.J