U.S. carrier Delta Air Lines said it had bought Singapore Airlines' 49 percent stake in Britain's Virgin Atlantic for $360 million and agreed a transatlantic joint venture with Virgin. (www.chicagotribune.com) More...
Delta Takes 49% Stake in Virgin Atlantic for $360 Million
Delta Air Lines signaled that it was going after that business-heavy market, agreeing to buy a 49 percent stake in Virgin Atlantic from Singapore Airlines for $360 million.
