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|December 2011 - Group Traffic and Capacity Statistics|
On December 22nd, IAG and Lufthansa reached a binding agreement for IAG to acquire bmi for £172.5 million in cash, though the price is subject to significant reductions. The deal requires competition clearance.
Rising UK Air Passenger Duty has led British Airways to reduce its recruitment levels in 2012. It will now only create 400 extra jobs rather than the 800 previously planned. The airline will also postpone plans to bring an extra Boeing 747 into service in summer 2012, and review the use of two others.
Iberia has begun to recruit pilots for its new subsidiary Iberia Express with more than 1,600 applying so far.