Bloomberg News

Delta Wins EU Approval to Buy 49% Virgin Atlantic Stake

June 20, 2013

Delta Air Lines Inc. (DAL:US) won European Union approval to buy a 49 percent stake in Richard Branson’s Virgin Atlantic Airways Ltd. to boost its share of the lucrative trans-Atlantic travel market, according to an e-mailed statement from EU regulators today.

To contact the reporter on this story: Peter Chapman in Brussels at pchapman10@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net


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Companies Mentioned

  • DAL
    (Delta Air Lines Inc)
    • $47.15 USD
    • 0.38
    • 0.81%
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