Business Advice for all UK firms from starting a business to flotation
Delta Air Virgin bid on table
The Atlanta based American carrier Delta Airlines, has bid for the 49% stake that Singapore Air holds in Richard Branson's Virgin Atlantic, that may turn into a full bid for the airline Branson established 28 years ago,
Delta, who recently established a partnership with Chelsea football club, is looking to expand it's Atlantic routes, concentrating on Heathrow but needs to partner with an EU airline under European Union rules, to mount a full bid.
However, as a member of the Star Alliance with 27 partner airlines and a close relationship with Air France-KLM, this might not pose a problem.
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Post Date: December 3rd, 2012