British carrier Virgin Atlantic Airways recently announced that Delta Air Lines has won approval to buy a 49 percent stake in the airline.
Delta Air Lines recently won European and U.S. antitrust approval to acquire stake in Virgin Atlantic Airways. With this approval, the two carriers are now planning to cross-sell flight tickets on each other’s network.
The approval was won by Delta Air Lines earlier this week. The airline is still to make public this latest development. Media reports, however, said that Delta Air Lines is planning to make an announcement next week regarding this significant cooperative relationship with Virgin Atlantic Airways, including a codeshare pact between the two carriers.
The reports further stated that the venture between Delta Air Lines and Virgin Atlantic Airways still remains to be finally approved by the U.S. Department of Transportation.
The alliance with Virgin Atlantic Airways will allow Delta Air Lines to expand access at London’s Heathrow Airport. Delta Air Lines is planning to start daily nonstop flights service to London Heathrow from Seattle.