Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
Aircraft and finance. Delta acquires a 49% stake in Virgin Atlantic: the two carriers create a joint-venture
London, United Kingdom - Singapore Airlines banks 360 million dollars
On Tuesday 11 December 2012 Delta Air Lines closed the purchase of a 49% stake in Virgin Atlantic Airways Ltd from Singapore Airlines for 360 million dollars, and as a consequence of the operation the American and the British carriers signed an agreement for a new joint venture, in order to create an expanded trans-Atlantic network and enhance competition between the U.K. and North America. Virgin...
AVIONEWS - World Aeronautical Press Agency - 1148156
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency