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Asia Pacific
Delta may purchase Virgin Atlantic shares
Wednesday, 04 Dec, 2012
0
Singapore Airlines is selling its 49% stake in Virgin Atlantic, Associated Press reports.
The airline is said to be in talks with "interested parties" about a sale. AP suggests that a possible buyer may be Delta Airlines, although the source requested anonymity because talks are in progress.
Delta’s possible purchase of the shares would give the airline an advantage in leveraging Virgin’s entrenched position at London’s Heathrow Airport.
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