Jun 24
— Delta Air Lines and Virgin Atlantic will market each other’s flights, now that Delta has completed a deal for a 49-percent ownership stake in the British airline, the airlines announced Monday.
Delta spent $360 million to purchase the stake – previously owned by Singapore Airlines – to gain access to the lucrative London market. The European Commission and the U.S Department of Justice signed off last week on the transaction, which closed Monday. Richard Branson’s Virgin Group will continue to own a controlling 51 percent of Virgin Atlantic.
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