17-Aug-2009 11:38 AM

Virgin Atlantic mulls closer ties with Lufthansa

Virgin Atlantic CEO, Steven Ridgway, stated it “would make a lot of sense to work more closely” with Lufthansa, following its acquisition of bmi (Bloomberg, 17-Aug-2009). The carrier, which has vigorously opposed a planned trans-Atlantic agreement between British Airways and American Airlines, is concerned that the tie-up, if approved, would intensify the competitive landscape and may encourage it to seek cooperation with other carriers.