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.
Gretchen Kelly
Have your say Cancel reply
Most Read
TRAINING & COMPETITION
EU airports bring back 100ml liquid rule
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Dozens fall ill in P&O Cruises ship outbreak
Woman dies after getting ‘entangled’ in baggage carousel