11-Jun-2013 11:16 AM

European Commission reportedly to clear Virgin Atlantic-Delta Air Lines agreement

European Commission reportedly plans to give unconditional approval to Delta Air Lines’ plans to purchase a 49% stake in Virgin Atlantic (Reuters, 10-Jun-2013). The stake purchase will see the airlines launch a joint venture to allow both carriers to offer more services from London Heathrow and compete with American Airlines, British Airways and United Airlines. European Commission is expected to issue a decision by 20-Jun-2013.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More