Delta Said in Talks to Buy Virgin Stake From Singapore Airlines

bloomberg.com 02 Dec '12, 7pm

Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg

Delta Air Lines Inc. (DAL) , the second- largest U.S. carrier, is in talks to buy part or all of Singapore Airlines Ltd. (SIA) ’s 49 percent stake in Virgin Atlantic and gain more access to London’s Heathrow airport, according to people familiar with the situation. Delta’s European partner in the SkyTeam alliance, Air- France KLM (AF) , might also take an additional stake in Virgin, said the people, who asked not to be identified discussing a private matter. The talks are at an early stage and it’s possible no agreement will be reached, one of the people said. Billionaire Richard Branson controls 51 percent of the airline. Virgin, the biggest rival to British Airways at Heathrow, has been seeking partners and in 2010 hired Deutsche Bank AG (DBK) to assess options. A tie-up between Delta and Virgin could improve the U.S. carrier’s access to Europe’s busiest hub and its abil...

Full article: http://www.bloomberg.com/news/2012-12-02/delta-said-in-ta...

Tweets

@PMPI1 » 05 Dec '12, 4pm
Delta Covets London Growth With Stake in Virgin Atlantic [link] #pmpi, #mpi, #eventprofs, #meetings, #conventions
@koh_Ta » 04 Dec '12, 2pm
Delta Covets London Growth With Stake in Virgin Atlantic [link] @BloombergNewsさんから
@AriadnaMenndez » 04 Dec '12, 5am
RT @BloombergTV: RT @BloombergNews Virgin Atlantic, which flew solo for a decade, may be about to come in from the cold | [link] v
@TrueMarketAI » 04 Dec '12, 5am
RT @BloombergNews Virgin Atlantic, which flew solo for a decade, may be about to come in from the cold | [link] v #Stocks
@BloombergTV » 04 Dec '12, 5am
RT @BloombergNews Virgin Atlantic, which flew solo for a decade, may be about to come in from the cold | [link] v
@samyusen82 » 03 Dec '12, 8pm
RT @PRWeekUS: Delta in talks to buy stake in Virgin Atlantic (via @BloombergNews): [link]
@luisalvarezledo » 03 Dec '12, 6pm
Delta Covets London Growth With Stake in Virgin Atlantic [link]
@andrewknoc » 03 Dec '12, 6pm
Singapore Air Holds Talks on Virgin Atlantic Stake - Bloomberg [link] how might change in minority owner affect srvc? #bcxii
@Richard_daSilva » 03 Dec '12, 3pm
Virgin Ready to Join Alliance [link] #Virgin #Delta #Airways #Travel #Carrier
@mel_huang » 03 Dec '12, 3pm
Virgin Atlantic will be ruined by this tie-up with Delta if it goes... [link]
@BloombergNews » 03 Dec '12, 3pm
Virgin Atlantic, which flew solo for a decade, may be about to come in from the cold | [link]
@SECTURBCS » 03 Dec '12, 3pm
RT @RubenReachi: Interesante noticia de la industria aérea: Virgin Ready to Join Alliance as Delta Said to Mull Stake [link]
@RubenReachi » 03 Dec '12, 3pm
Interesante noticia de la industria aérea: Virgin Ready to Join Alliance as Delta Said to Mull Stake [link]
@RubenReachi » 03 Dec '12, 3pm
Interesting news about the airline industry: Virgin Ready to Join Alliance as Delta Said to Mull Stake [link]
@jlaich » 03 Dec '12, 3pm
Virgin Atlantic update: [link]
@anjet123 » 03 Dec '12, 3pm
>>> Major discussions taking place among major global airlines!! >>>... [link]
@jasonkellynews » 03 Dec '12, 2pm
@DeltaAirlines maybe buying a chunk of @VirginAtlantic makes me think of Phil Dunphy awkwardly trying to be hip [link]
@andre_c26 » 03 Dec '12, 2pm
Hedge Funds Increase Bullish Bets Most Since August: Commodities [link]
@boydbailey » 03 Dec '12, 1pm
@Delta considers buying 49% stake in Virgin Atlantic [link]
@MikeMcKenzieCHI » 03 Dec '12, 11am
Don't ruin this airline Delta. Virgin Ready to Join Alliance as Delta Said to Mull Stake [link]
@t_pinkness » 03 Dec '12, 9am
Singapore Airlines Ltd. (SIA) said it is in talks about selling its 49 percent stake in Virgin Atlantic after pe... [link]
@Julio_RJimenez » 03 Dec '12, 9am
Singapore Air Holds Talks on Virgin Atlantic Stake: Singapore Airlines Ltd. (SIA) said it is in talks about sell... [link]
@BontangKuring » 03 Dec '12, 9am
#OpenFollow Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link] #Singapore
@atbwebb » 03 Dec '12, 7am
So would this mean #Virgin joins #SkyTeam alliance?: #Singapore Air Holds Talks with #Delta on #VirginAtlantic Stake [link]
@BrettFoley1 » 03 Dec '12, 3am
Singapore Air in talks to sell 49% Virgin Atlantic stake to Delta Air of US. What will Richard Branson do with his 51%? [link]
@BarbarianCap » 03 Dec '12, 2am
Singapore Air Discusses Virgin Sale; Delta Said to Be Buyer [link] >> virgins prized among many cultures
@XEMarketsMY » 03 Dec '12, 2am
Singapore Air Discusses Virgin Sale; Delta Said to Be Buyer: Singapore Airlines Ltd. (SIA) said it’s in talks ab... [link]
@vanholaw » 03 Dec '12, 2am
Singapore Air Holds Talks on Virgin Atlantic Stake [link]
@rwdtum » 03 Dec '12, 2am
Singapore Airlines said it’s in talks about selling its 49% stake in Virgin Atlantic to Delta Air Lines [link]
@GeniusIAm » 03 Dec '12, 1am
Singapore Air Discusses Virgin Sale; Delta Said to Be Buyer [link] via @BloombergNews
@HandCarryEP » 02 Dec '12, 9pm
RT @aspireaviation: Delta Said in Talks to Buy Virgin Stake From Singapore Airlines [link] via @BloombergNews
@aspireaviation » 02 Dec '12, 9pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines [link] via @BloombergNews
@DME_Consultants » 02 Dec '12, 8pm
BIZ NEWS: Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@seijia2001 » 02 Dec '12, 8pm
シンガポール航空がスカイチームになっちゃうかも〜 Delta Said in Talks to Buy Virgin Stake From Singapore Airlines [link]
@austyn_smith » 02 Dec '12, 8pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines #virgin #entrepreneur [link]
@A_Karunaratne » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines PS:gr8 there goes the inflight service down the crapper [link]
@RT_Tourism » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg : [link]
@StockBitsNet » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@biscoitimm » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@yungchizy7 » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@BernierLegal » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@3S2012a » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]
@aquariusnancy » 02 Dec '12, 7pm
Delta Said in Talks to Buy Virgin Stake From Singapore Airlines - Bloomberg [link]