Delta to invest $360M in acquiring stake in Virgin Atlantic
CNBC's Phil LeBeau reports Delta is preparing to invest $360 million to acquire a 49 percent stake in Virgin Atlantic.
Delta eyes Virgin Atlantic swoop: Sunday Times
LONDON (Reuters) - Delta Air Lines, America's largest airline, is plotting to take control of Virgin Atlantic after making a secret approach to the British carrier's Asian shareholder, Britain's Sunday Times reported. Full story
Sir Richard Branson One-on-One
Sir Richard Branson, founder & chairman of Virgin Group, offers insight on how Virgin Atlantic is re-designing its "upper class suite."
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Related Photos
Aircraft models are seen following a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York
Aircraft models are seen following a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York December 11, 2012. REUTERS/Brendan McDermid
Delta CEO Anderson speaks during a news conference to announce a sale, in New York
Delta Chief Executive Richard Anderson speaks during a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York December 11, 2012. REUTERS/Brendan McDermid
Delta CEO Anderson and Virgin Atlantic CFO Southern attend a news conference to announce the sale of Virgin Atlantic in New York
Delta Chief Executive Richard Anderson and Virgin Atlantic Chief Financial Officer Julie Southern attend a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York December 11, 2012. Delta Air Lines is buying Singapore Airlines' 49 percent stake in Virgin Atla
Aircraft models are displayed during a group photo following a news conference to announce the sale of Virgin Atlantic airline in New York
Aircraft models are displayed during a group photo shoot following a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York December 11, 2012. Delta Air Lines is buying Singapore Airlines' 49 percent stake in Virgin Atlantic for $360 million and has agreed to
