Delta Seeks SIA’s Shareholding in Virgin Atlantic

Delta Seeks SIA’s Shareholding in Virgin Atlantic

Delta Air Lines is looking to take control of Virgin Atlantic after making an approach to the airline’s big Asian shareholder, Singapore Airlines, to buy its 49% holding in Virgin, according to a report in the Sunday Times.

Delta Air Lines Logo

If successful, Delta’s European partner, Air France-KLM may buy part of Sir Richard Branson’s 51% share, which would see him give up control of the airline. Air France-KLM would be involved in order to comply with aviation rules that state that European airlines must be controlled by European nationals.

Delta and Air France-KLM came close to a deal with Virgin in February 2011 but talks broke down.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *


NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Coach Arrives at The Loop, T2, Dublin Airport

Neil SteedmanMarch 24, 2019

The Europe Hotel Wins Award for ‘Hotel Spa of the Year’

Michael FloodMarch 22, 2019

What Travel Agents Should Know When Booking Families with a Child Who Has Autism

Neil SteedmanMarch 22, 2019

British Airways B747 Gets Heritage Livery

Michael FloodMarch 21, 2019

World ATM Congress in Madrid

Michael FloodMarch 21, 2019

Atlantic Joint Venture: a Partnership of Air Canada, Lufthansa Group and United Airlines

Ian BloomfieldMarch 21, 2019

Cathay Pacific Wants to Increase Flights from Dublin to Hong Kong

Michael FloodMarch 21, 2019

Uniworld Releases Renderings of New Ship on the Mekong

Michael FloodMarch 21, 2019

Cork Airport Rolls Out the Sunflower Lanyard

Michael FloodMarch 21, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland