Branson retains control of airline after Delta Air Lines deal

Richard Branson retained control of his airline Virgin Atlantic today after a deal that will see America’s largest carrier take a 49% stake.

Branson retains control of airline after Delta Air Lines deal
Tue, 11 Dec, 2012 - 12:21

Richard Branson retained control of his airline Virgin Atlantic today after a deal that will see America’s largest carrier take a 49% stake.

In the $360m (€278.7m) deal, Delta Air Lines has bought the holding of Singapore Airlines, but with Virgin retaining the brand name and operating certificate.

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