IAG could see £80m knocked off bmi price after failure to sell bmibaby and bmi Regional He said: "Regarding bmibaby and bmi Regional, discussions with potential buyers continue." However, analysts are increasingly sceptical that a buyer can be found given the tough conditions in the aviation market. Douglas McNeill, a transport analyst at Charles Stanley Securities, said: "Neither unit is a prime asset and it's not easy to see who would be willing to stump up hard cash for them." Meanwhile, IAG's Spanish airline Iberia said on Tuesday that it was cutting 20pc of its salary bill for pilots to save €62m (£51m). The move will further inflame tensions between management and pilots, who are in dispute over the launch of a low-cost arm, Iberia Express. Prior to Tuesday's announcement, Iberia pilots had committed to striking every Friday and Monday until July. Iberia has, however, reached a deal with cabin crew and ground staff over new conditions.