Any "Latest & Greatest" about Delta?
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S?!/ just got real...
Delta eyes takeover of Virgin Atlantic
Delta eyes Virgin Atlantic swoop: Sunday Times
Delta eyes takeover of Virgin Atlantic
Delta eyes Virgin Atlantic swoop: Sunday Times
Delta (DAL.N) is understood to have offered to buy Singapore Airlines' (SIAL.SI) 49 percent stake in Virgin. If it succeeds, Delta's European partner Air France-KLM (AIRF.PA) may then buy part of Richard Branson's 51 percent stake, seeing its founder lose control of the airline for the first time.
Its the new SKYTEAM AIR LINES!!
Its the new SKYTEAM AIR LINES!!
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Joined APC: Aug 2010
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Gets Weekends Off
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S?!/ just got real...
Delta eyes takeover of Virgin Atlantic
Delta eyes Virgin Atlantic swoop: Sunday Times
Delta eyes takeover of Virgin Atlantic
Delta eyes Virgin Atlantic swoop: Sunday Times
Their only pilot domiciles are Heathrow, Gatwick and Manchester. I don't want none of them. Let's buy Hawaiian instead.
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Any VS transatlantic flying that is added to the current JV would come out of the European side of the AF/KLM/Alitalia JV percentage so it would mean more flying for DAL pilots if they are "brought into the fold", (thank you to DALPA/ALPA for successfully arguing that adding Alitalia would come out of the "European side", setting an important precedent for future negotiations).
That article reeks of speculation however, and DAL just got permission for yet another LHR slot so not sure totally how valuable they are... Unfortunately they are becoming more and more irrelevant in the global airline economy, so I think SRB wants to see it bought/mereged instead of dying via bankruptcy for ego's sake.
That article reeks of speculation however, and DAL just got permission for yet another LHR slot so not sure totally how valuable they are... Unfortunately they are becoming more and more irrelevant in the global airline economy, so I think SRB wants to see it bought/mereged instead of dying via bankruptcy for ego's sake.
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Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Any VS transatlantic flying that is added to the current JV would come out of the European side of the AF/KLM/Alitalia JV percentage so it would mean more flying for DAL pilots if they are "brought into the fold", (thank you to DALPA/ALPA for successfully arguing that adding Alitalia would come out of the "European side", setting an important precedent for future negotiations).
That article reeks of speculation however, and DAL just got permission for yet another LHR slot so not sure totally how valuable they are... Unfortunately they are becoming more and more irrelevant in the global airline economy, so I think SRB wants to see it bought/mereged instead of dying via bankruptcy for ego's sake.
That article reeks of speculation however, and DAL just got permission for yet another LHR slot so not sure totally how valuable they are... Unfortunately they are becoming more and more irrelevant in the global airline economy, so I think SRB wants to see it bought/mereged instead of dying via bankruptcy for ego's sake.
This is an old one but think it may apply for the current Virgin speculation.....this has been in the tea leaves for awhile...time will tell...
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Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Delta is understood to have offered to buy Singapore Airlines' 49 percent stake in Virgin. If it succeeds, Delta's European partner Air France-KLM may then buy part of Richard Branson's 51 percent stake, seeing its founder lose control of the airline for the first time.
So I'm reading that as DAL having 49%, and the remaining 51% being divided among AF/KLM & Richard Branson.
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