| Updated:
IAG sells off BMI Regional
British Airways parent IAG said yesterday it had sold BMI Regional, a division of the loss-making BMI business it recently acquired, for £8m. IAG, which had planned to close the business, said the sale should secure 330 jobs. It will be taken over by Sector Aviation Holdings, an Aberdeen-based consortium that includes tycoon brothers Stephen and Peter Bond, funders of Loganair.