Singapore Airlines’ stake in Virgin Atlantic reportedly may be taken over by Delta Air Lines (Bloomberg, 03-Dec-2012). Delta is reportedly in talks with Singapore Airlines to purchase some or all of its 49% stake in Virgin Atlantic as it seeks to gain more access to London Heathrow Airport. Air France-KLM is also reportedly looking to take an additional stake in Virgin. Virgin Atlantic founder Richard Branson currently holds 51% of the airline.
3-Dec-2012 10:33 AM