Delta Air Lines to buy 49% of Virgin Atlantic; carriers to form JV
Aaron KarpDecember 11, 2012
Courtesy, Delta Air Lines Delta Air Lines will spend $360 million to acquire Singapore Airlines’ 49% stake in Virgin Atlantic Airways. As part of the deal, Delta and Virgin Atlantic will launch a transatlantic joint venture (JV). “Virgin Group and [chairman] Sir Richard Branson will retain the...
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