Delta Air Lines and Virgin Atlantic Airways have reached an agreement for a new joint venture that will create an expanded trans-Atlantic network. The companies say it will enhance competition between the UK and North America, offering greater benefits for customers.
Delta will invest $360 million in Virgin Atlantic, acquiring a 49 per cent stake currently held by Singapore Airlines. Virgin Group and Sir Richard Branson will retain the majority 51 per cent stake and Virgin Atlantic Airways will retain its brand and operating certificate.
More top news
Feeling warm in this afternoon's sunshine. Breezy at times with the risk of an isolated shower.
Bright and breezy this afternoon with a few isolated showers around. Feeling warm in the sunshine.
Sir Bruce entertained audiences for more than seven decades.