Delta’s investment in Virgin Atlantic has won approval from the U.S. Justice Department and the European Commission.
Both regulators agreed that the deal, which will see Delta buy a 49% stake in Virgin for $360 million, does not pose an antitrust threat.
They said the pair would still be competing against transatlantic partners American Airlines and British Airways, as well as other airlines.
The deal still requires approval from the U.S. Transportation Department.
