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Aircraft and finance. European Commission approves Delta's acquisition of a 49% stake in Virgin Atlantic
Brussels, Belgium - According to Brussels, the competition will remain high for all the routes
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over Virgin Atlantic by Delta and Virgin Group. Rumors about the approval had already leaked during the past weeks (AVIONEWS). The US' company will replace Singapore Airlines as a 49% minority shareholder in Virgin Atlantic, while the group founded by Sir Richard Branson will retain its 51%...
AVIONEWS - World Aeronautical Press Agency - 1153376
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency